Consolidated Lithium Metals (CVE:CLM) Stock Price Down 25% – Here’s What Happened

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

Consolidated Lithium Metals Trading Down 25.0%

The stock has a market cap of C$5.34 million, a PE ratio of -1.50 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. The company’s 50-day moving average price is C$0.01 and its 200 day moving average price 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.