Consolidated Lithium Metals (CVE:CLM) Reaches New 12-Month Low – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 41420 shares traded. 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 price-to-earnings ratio of -1.00 and a beta of 0.10. 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 company 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.