Consolidated Lithium Metals (CVE:CLM) Trading Down 9.1% – Time to Sell?

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

Consolidated Lithium Metals Stock Performance

The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38. The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.01. The firm 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.