Consolidated Lithium Metals (CVE:CLM) Shares Down 25% – Should You Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) shares traded down 25% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,235,169 shares traded hands during mid-day trading, an increase of 463% from the average session volume of 397,134 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The company has a 50 day moving average price of C$0.01 and a 200-day moving average price 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 P/E 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.