Consolidated Lithium Metals (CVE:CLM) Reaches New 1-Year Low – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price hit a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 1300 shares traded. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Performance

The stock has a 50-day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02. The company has a debt-to-equity ratio of 15.38, a quick ratio of 0.06 and a current ratio of 2.04. The firm has a market cap of C$5.34 million, a PE ratio of -1.50 and a beta of 0.10.

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.