Consolidated Lithium Metals (CVE:CLM) Trading 33.3% Higher

Shares of Consolidated Lithium Metals Inc. (CVE:CLM) traded up 33.3% on Monday . The company traded as high as C$0.02 and last traded at C$0.02. 711,504 shares were traded during trading, an increase of 95% from the average session volume of 365,734 shares. The stock had previously closed at C$0.02.

Consolidated Lithium Metals Stock Performance

The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$7.13 million, a PE ratio of -0.67 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.

Insider Activity at Consolidated Lithium Metals

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

Consolidated Lithium Metals Company Profile

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.