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

Consolidated Lithium Metals Inc. (CVE:CLM) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Price Performance

The company has a debt-to-equity ratio of 5.02, a quick ratio of 0.06 and a current ratio of 10.43. The firm has a market cap of C$5.34 million, a price-to-earnings ratio of -0.75 and a beta of -0.30. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03.

Insider Buying and Selling at Consolidated Lithium Metals

In related news, Senior Officer Richard Placide Quesnel purchased 2,000,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was bought at an average cost of C$0.03 per share, with a total value of C$50,000.00. Company insiders own 15.85% of the company’s stock.

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.