Consolidated Lithium Metals (CVE:CLM) Hits New 52-Week Low – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM) shares reached a new 52-week low during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 30250 shares changing hands. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Down 33.3 %

The firm has a market cap of C$3.56 million, a PE ratio of -1.50 and a beta of 0.10. The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. 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.