Consolidated Lithium Metals (CVE:CLM) Shares Up 33.3%

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price traded up 33.3% on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 507,000 shares traded hands during trading, an increase of 29% from the average session volume of 394,246 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The company has a current ratio of 10.43, a quick ratio of 0.06 and a debt-to-equity ratio of 5.02. The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02. The firm has a market capitalization of C$5.34 million, a PE ratio of -0.75 and a beta of -0.23.

Insider Activity

In related news, Director Brett Laurence Lynch acquired 952,000 shares of Consolidated Lithium Metals stock in a transaction on Tuesday, May 21st. The shares were bought at an average price of C$0.04 per share, for a total transaction of C$33,320.00. Insiders purchased a total of 4,469,000 shares of company stock valued at $157,205 in the last 90 days. 18.40% of the stock is currently owned by insiders.

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.