Consolidated Lithium Metals (CVE:CLM) Sets New 12-Month Low – Here’s What Happened

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price hit a new 52-week low on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Trading Down 50.0 %

The stock has a market cap of C$1.78 million, a P/E ratio of -0.50 and a beta of 0.10. The firm’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38.

Consolidated Lithium Metals Company Profile

Consolidated Lithium Metals Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for lithium, molybdenum, tantalum, and diamond deposits. The company holds interests in the Vallée lithium project located in the La Corne and Fiedmont townships; the Preissac La Corne Lithium portfolio located in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite project located in Quebec.