Consolidated Lithium Metals (CVE:CLM) Stock Price Down 33.3% – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price was down 33.3% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 402,700 shares traded hands during trading, a decline of 19% from the average daily volume of 498,794 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Down 33.3 %

The company has a market cap of C$3.56 million, a P/E ratio of -1.00 and a beta of 0.10. The firm’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38.

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.