Consolidated Lithium Metals (CVE:CLM) Stock Price Down 33.3% – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM) shares traded down 33.3% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. 452,700 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 503,339 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Down 33.3 %

The firm has a 50-day moving average of C$0.01 and a two-hundred day moving average of 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. The company has a market capitalization of C$3.56 million, a PE ratio of -1.00 and a beta of 0.10.

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.