Consolidated Lithium Metals (CVE:CLM) Hits New 1-Year Low – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 1300 shares traded. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Trading Up 50.0 %

The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38. The company has a market cap of C$5.34 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.