Consolidated Lithium Metals (CVE:CLM) Stock Price Up 25% – Here’s What Happened

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) shot up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 347,500 shares were traded during trading, a decline of 31% from the average session volume of 505,926 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Up 25.0%

The firm has a market capitalization of C$9.73 million, a PE ratio of -8.33 and a beta of 2.18. 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’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.01.

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.