Consolidated Lithium Metals (CVE:CLM) Hits New 12-Month Low – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000750 shares changing hands. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Price Performance

The company has a market capitalization of C$5.34 million, a P/E ratio of -1.50 and a beta of 0.10. The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38.

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.