Consolidated Lithium Metals (CVE:CLM) Reaches New 12-Month Low – Should You Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 92000 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Performance

The company’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The stock has a market cap of C$3.56 million, a P/E ratio of -1.00 and a beta of 0.10. The company has a debt-to-equity ratio of 15.38, a quick ratio of 0.06 and a current ratio of 2.04.

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.