Consolidated Lithium Metals (CVE:CLM) Sets New 52-Week Low – Here’s What Happened

Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 131000 shares traded. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

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 firm has a market capitalization of C$3.56 million, a PE ratio of -1.50 and a beta of 0.10. The stock has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.02.

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.