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

Consolidated Lithium Metals Inc. (CVE:CLM) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06, with a volume of 480941 shares. The stock had previously closed at C$0.05.

Consolidated Lithium Metals Trading Up 10.0%

The company has a current ratio of 2.04, a quick ratio of 0.06 and a debt-to-equity ratio of 15.38. The stock has a market cap of C$24.57 million, a price-to-earnings ratio of -18.33 and a beta of 0.96. The company has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.02.

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.