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

Consolidated Lithium Metals Inc. (CVE:CLM) reached a new 52-week low during mid-day trading on Wednesday . The stock 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 Price Performance

The company has a debt-to-equity ratio of 15.38, a quick ratio of 0.06 and a current ratio of 2.04. The company has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The company has a market cap of C$3.56 million, a price-to-earnings ratio of -1.50 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.