Imagine Lithium (CVE:ILI) Trading Down 25% – Should You Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price was down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 103,049 shares were traded during trading, a decline of 2% from the average daily volume of 105,006 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Down 25.0 %

The company has a market capitalization of C$4.16 million, a price-to-earnings ratio of -3.00 and a beta of 1.54. The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

About Imagine Lithium

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Imagine Lithium Inc, a junior mineral exploration company, acquires, explores, and evaluates mineral properties in North America. It has 100% interest in its flagship project the Jackpot Lithium property located in Thunder Bay, Ontario. The company was formerly known as Infinite Ore Corp. and changed its name to Imagine Lithium Inc in February 2022.

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