Consolidated Lithium Metals (CVE:CLM) Hits New 52-Week Low – Time to Sell?

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 2540 shares trading hands. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Price Performance

The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38. The business has a 50-day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The stock has a market capitalization of C$1.78 million, a P/E ratio of -0.50 and a beta of 0.10.

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.