Consolidated Lithium Metals (CVE:CLM) Trading 33.3% Higher – Here’s Why

Consolidated Lithium Metals Inc. (CVE:CLM) was up 33.3% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 916,945 shares traded hands during mid-day trading, an increase of 126% from the average daily volume of 405,164 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Price Performance

The company has a debt-to-equity ratio of 15.38, a quick ratio of 0.06 and a current ratio of 2.04. The firm has a market capitalization of C$5.34 million, a P/E ratio of -1.50 and a beta of 0.10. The stock has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01.

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.