Consolidated Lithium Metals (CVE:CLM) Hits New 12-Month Low – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price reached 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 25000 shares trading hands. The stock had previously closed at C$0.01.

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 market capitalization of C$1.78 million, a P/E ratio of -0.50 and a beta of 0.10. The company’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.01.

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.