Consolidated Lithium Metals (CVE:CLM) Stock Price Down 9.1% – Should You Sell?

Consolidated Lithium Metals Inc. (CVE:CLM) was down 9.1% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 178,364 shares were traded during trading, a decline of 64% from the average daily volume of 497,901 shares. The stock had previously closed at C$0.03.

Consolidated Lithium Metals Price Performance

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.01. 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 stock has a market cap of C$11.68 million, a price-to-earnings ratio of -10.00 and a beta of 2.18.

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.