Consolidated Lithium Metals (CVE:CLM) Hits New 12-Month High – Here’s What Happened

Consolidated Lithium Metals Inc. (CVE:CLM) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 599200 shares. The stock had previously closed at C$0.06.

Consolidated Lithium Metals Trading Up 8.3%

The company has a market capitalization of C$29.62 million, a price-to-earnings ratio of -32.50 and a beta of 0.28. 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 business’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04.

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. The company was formerly known as Jourdan Resources Inc and changed its name to Consolidated Lithium Metals Inc in June 2023.