Consolidated Lithium Metals (CVE:CLM) Hits New 52-Week Low at $0.01

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Up 33.3 %

The company has a debt-to-equity ratio of 5.02, a quick ratio of 0.06 and a current ratio of 10.43. The company has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. The company has a market capitalization of C$7.13 million, a P/E ratio of -1.00 and a beta of -0.30.

Insiders Place Their Bets

In other Consolidated Lithium Metals news, Senior Officer Richard Placide Quesnel bought 2,000,000 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were bought at an average cost of C$0.03 per share, for a total transaction of C$50,000.00. Corporate insiders own 15.85% of the company’s stock.

Consolidated Lithium Metals Company Profile

Consolidated Lithium Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium, molybdenum, 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 in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite Project located in Quebec.