Consolidated Lithium Metals (CVE:CLM) Stock Price Up 100% – Time to Buy?

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) rose 100% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 3,482,400 shares changed hands 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 Down 25.0%

The business has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38. The company has a market cap of C$5.34 million, a PE ratio of -1.50 and a beta of 0.10.

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.