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

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price was down 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 140,900 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 406,214 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Down 33.3 %

The company has a market cap of C$3.56 million, a price-to-earnings ratio of -1.50 and a beta of 0.16. The firm has a 50 day moving average price of C$0.02 and a two-hundred day moving average price 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.

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.