Consolidated Lithium Metals (CVE:CLM) Stock Price Down 5.7% – Time to Sell?

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) traded down 5.7% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 209,434 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 524,183 shares. The stock had previously closed at C$0.05.

Consolidated Lithium Metals Trading Down 5.7%

The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38. The stock has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.02. The firm has a market capitalization of C$22.33 million, a P/E ratio of -16.67 and a beta of 0.96.

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.