Consolidated Lithium Metals (CVE:CLM) Reaches New 52-Week Low – Time to Sell?

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price hit a new 52-week low on Friday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 169550 shares trading hands. The stock had previously closed at C$0.01.

Consolidated Lithium Metals Stock Down 50.0 %

The stock has a fifty day moving average price of C$0.01 and a two-hundred day moving average price 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 firm has a market capitalization of C$1.78 million, a P/E ratio of -0.50 and a beta of 0.10.

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.