Consolidated Lithium Metals (CVE:CLM) Hits New 52-Week Low at $0.02

Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 4000 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Price Performance

The company has a quick ratio of 0.06, a current ratio of 10.43 and a debt-to-equity ratio of 5.02. The company has a market capitalization of C$7.13 million, a price-to-earnings ratio of -1.00 and a beta of -0.23. The stock’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02.

Insider Buying and Selling

In other news, Director Brett Laurence Lynch acquired 2,000,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The shares were bought at an average cost of C$0.04 per share, for a total transaction of C$80,000.00. Insiders purchased a total of 4,469,000 shares of company stock worth $157,205 in the last 90 days. Insiders own 18.40% of the company’s stock.

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.