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

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 70364 shares trading hands. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Trading Down 28.6 %

The firm’s 50 day moving average price is C$0.01 and its 200 day moving average price is 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. The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06.

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.