Consolidated Lithium Metals (CVE:CLM) Shares Down 11.1% – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM)’s share price fell 11.1% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 123,560 shares changed hands during trading, a decline of 77% from the average session volume of 533,788 shares. The stock had previously closed at C$0.05.

Consolidated Lithium Metals Stock Performance

The firm has a market cap of C$19.47 million, a PE ratio of -16.67 and a beta of 0.96. The company has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.02. The company has a quick ratio of 0.06, a current ratio of 2.04 and a debt-to-equity ratio of 15.38.

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.