Consolidated Lithium Metals (CVE:CLM) Sets New 12-Month Low – Time to Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000000 shares traded. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The firm has a market cap of C$3.56 million, a price-to-earnings ratio of -1.00 and a beta of 0.10. 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 business has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.02.

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.