Consolidated Lithium Metals (CVE:CLM) Hits New 52-Week Low at $0.02

Consolidated Lithium Metals Inc. (CVE:CLM)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 80000 shares traded. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Down 25.0 %

The stock has a market capitalization of C$5.34 million, a price-to-earnings ratio of -0.50 and a beta of -0.30. The company has a quick ratio of 0.06, a current ratio of 3.71 and a debt-to-equity ratio of 10.33. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

Insider Transactions at Consolidated Lithium Metals

In related news, Senior Officer Richard Placide Quesnel acquired 2,000,000 shares of Consolidated Lithium Metals stock in a transaction that occurred on Friday, February 23rd. The shares were purchased at an average price of C$0.03 per share, for a total transaction of C$50,000.00. Insiders own 15.85% of the company’s stock.

About Consolidated Lithium Metals

Consolidated Lithium Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for lithium, molybdenum, 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 in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite Project located in Quebec.