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

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price was down 9.1% during trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 178,364 shares changed hands 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 Trading Down 9.1%

The firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.01. The firm has a market capitalization of C$11.68 million, a P/E ratio of -10.00 and a beta of 2.18. The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38.

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.