Consolidated Lithium Metals (CVE:CLM) Reaches New 1-Year High – What’s Next?

Consolidated Lithium Metals Inc. (CVE:CLM) shares reached a new 52-week high on Monday . The stock traded as high as C$0.12 and last traded at C$0.12, with a volume of 999141 shares changing hands. The stock had previously closed at C$0.11.

Consolidated Lithium Metals Stock Up 18.2%

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 stock’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.04. The company has a market cap of C$59.24 million, a P/E ratio of -65.00 and a beta of 1.34.

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