Consolidated Lithium Metals (CVE:CLM) Shares Down 25%

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) fell 25% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,425,000 shares were traded during mid-day trading, an increase of 244% from the average session volume of 413,820 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Down 25.0 %

The firm has a market cap of C$5.34 million, a P/E ratio of -0.75 and a beta of 0.14. The company has a quick ratio of 0.06, a current ratio of 8.56 and a debt-to-equity ratio of 6.19. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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.