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

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

Consolidated Lithium Metals Price Performance

The stock has a market capitalization of C$5.34 million, a price-to-earnings ratio of -1.00 and a beta of 0.14. The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a quick ratio of 0.06, a current ratio of 8.56 and a debt-to-equity ratio of 6.19.

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.