Consolidated Lithium Metals (CVE:CLM) Sets New 12-Month Low – Should You Sell?

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) reached a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 2540 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Price Performance

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

About Consolidated Lithium Metals

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.