Consolidated Lithium Metals (CVE:CLM) Shares Up 33.3% – Still a Buy?

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) traded up 33.3% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 2,951,000 shares traded hands during trading, an increase of 528% from the average session volume of 469,744 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Up 33.3 %

The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06. The company has a market cap of C$7.13 million, a PE ratio of -2.00 and a beta of 0.16. The company’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

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.