Consolidated Lithium Metals (CVE:CLM) Stock Price Down 50% – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price was down 50% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 1,331,117 shares changed hands during mid-day trading, an increase of 468% from the average daily volume of 234,325 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Performance

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

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.