Consolidated Lithium Metals (CVE:CLM) Stock Price Down 50% – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price fell 50% during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 281,000 shares were traded during trading, a decline of 10% from the average session volume of 311,934 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Down 50.0 %

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. The stock has a fifty day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

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.