Consolidated Lithium Metals (CVE:CLM) Trading Up 100% – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM) shares rose 100% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 6,474,204 shares traded hands during mid-day trading, an increase of 1,265% from the average daily volume of 474,393 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Trading Up 14.3%

The company has a market cap of C$15.57 million, a PE ratio of -13.33 and a beta of 1.65. 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 company has a 50-day moving average of C$0.01 and a 200 day moving average 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.