Consolidated Lithium Metals Inc. (CVE:CLM) Director Acquires C$80,000.00 in Stock

Consolidated Lithium Metals Inc. (CVE:CLM - Get Free Report) Director Brett Laurence Lynch acquired 2,000,000 shares of the company's stock in a transaction dated Thursday, May 23rd. The stock was acquired at an average cost of C$0.04 per share, with a total value of C$80,000.00.

Brett Laurence Lynch also recently made the following trade(s):

  • On Tuesday, May 21st, Brett Laurence Lynch purchased 952,000 shares of Consolidated Lithium Metals stock. The stock was acquired at an average cost of C$0.04 per share, for a total transaction of C$33,320.00.
  • On Friday, May 17th, Brett Laurence Lynch acquired 1,192,000 shares of Consolidated Lithium Metals stock. The shares were bought at an average cost of C$0.03 per share, with a total value of C$35,760.00.

Consolidated Lithium Metals Price Performance

Shares of CLM stock traded up C$0.01 during mid-day trading on Friday, hitting C$0.05. The company had a trading volume of 2,579,750 shares, compared to its average volume of 492,464. The company has a debt-to-equity ratio of 5.02, a current ratio of 10.43 and a quick ratio of 0.06. The stock's 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03. Consolidated Lithium Metals Inc. has a 52-week low of C$0.02 and a 52-week high of C$0.10. The company has a market capitalization of C$16.03 million, a P/E ratio of -2.25 and a beta of -0.23.

About Consolidated Lithium Metals

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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.

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