Consolidated Lithium Metals (CVE:CLM) Trading Up 50% – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price was up 50% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 323,100 shares were traded during trading, a decline of 36% from the average daily volume of 502,409 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Up 50.0%

The company has a debt-to-equity ratio of 15.38, a current ratio of 2.04 and a quick ratio of 0.06. The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The stock has a market cap of C$11.68 million, a P/E 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.