Consolidated Lithium Metals (CVE:CLM) Shares Down 50% – Time to Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) shares traded down 50% during trading on Saturday . The company traded as low as C$0.01 and last traded at C$0.01. 281,000 shares traded hands 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 Trading Down 50.0 %

The firm has a market cap of C$1.78 million, a P/E ratio of -0.50 and a beta of 0.10. The company’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06.

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.