Consolidated Lithium Metals (CVE:CLM) Hits New 12-Month Low at $0.02

Consolidated Lithium Metals Inc. (CVE:CLM) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 80000 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Down 25.0 %

The company has a market cap of C$5.34 million, a P/E ratio of -0.50 and a beta of -0.30. The company has a debt-to-equity ratio of 10.33, a quick ratio of 0.06 and a current ratio of 3.71. The business’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

Insider Activity at Consolidated Lithium Metals

In other news, Senior Officer Richard Placide Quesnel acquired 2,000,000 shares of Consolidated Lithium Metals stock in a transaction on Friday, February 23rd. The shares were bought at an average cost of C$0.03 per share, for a total transaction of C$50,000.00. 15.85% of the stock is owned by company insiders.

Consolidated Lithium Metals Company Profile

Consolidated Lithium Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium, molybdenum, 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 in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite Project located in Quebec.