Consolidated Lithium Metals (CVE:CLM) Hits New 12-Month Low – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week low on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares traded. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Down 33.3 %

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 firm has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$3.56 million, a P/E ratio of -1.00 and a beta of 0.10.

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.