Consolidated Lithium Metals (CVE:CLM) Sets New 52-Week Low – Should You Sell?

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1217 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38. The company has a market cap of C$3.56 million, a P/E ratio of -1.00 and a beta of 0.10. The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is 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.