Consolidated Lithium Metals (CVE:CLM) Stock Price Up 12.5%

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price traded up 12.5% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,261,750 shares traded hands during mid-day trading, an increase of 364% from the average session volume of 487,341 shares. The stock had previously closed at C$0.04.

Consolidated Lithium Metals Price Performance

The stock has a market capitalization of C$14.25 million, a price-to-earnings ratio of -2.00 and a beta of -0.23. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a debt-to-equity ratio of 5.02, a current ratio of 10.43 and a quick ratio of 0.06.

Insider Buying and Selling at Consolidated Lithium Metals

In other Consolidated Lithium Metals news, Director Brett Laurence Lynch purchased 952,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of C$0.04 per share, with a total value of C$33,320.00. Insiders own 15.85% of the company’s stock.

About Consolidated Lithium Metals

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.