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

Consolidated Lithium Metals Inc. (CVE:CLM) shares hit a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Down 33.3 %

The business’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a market capitalization of C$3.56 million, a PE ratio of -1.50 and a beta of 0.10. The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38.

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.