Consolidated Lithium Metals (CVE:CLM) Stock Price Up 100% – Here’s What Happened

Consolidated Lithium Metals Inc. (CVE:CLM) rose 100% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 3,482,400 shares were traded during mid-day trading, an increase of 817% from the average daily volume of 379,629 shares. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Performance

The firm has a market capitalization of C$5.34 million, a price-to-earnings ratio of -1.50 and a beta of 0.10. The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06. The firm has a 50 day moving average price of C$0.01 and a 200-day moving average price of 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.