Consolidated Lithium Metals (CVE:CLM) Reaches New 1-Year Low – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 1300 shares changing hands. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Price Performance

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 firm has a market cap of C$5.34 million, a PE ratio of -1.50 and a beta of 0.10. The firm has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of 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.