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 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 trading hands. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38. The firm has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The stock has a market capitalization of C$3.56 million, a P/E ratio of -1.00 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.