Consolidated Lithium Metals (CVE:CLM) Trading Down 50% – Should You Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) fell 50% on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,533,000 shares were traded during trading, an increase of 444% from the average session volume of 281,756 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Trading Down 50.0 %

The company has a market cap of C$1.78 million, a price-to-earnings ratio of -0.50 and a beta of 0.10. The company’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a quick ratio of 0.06, a current ratio of 2.04 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.