International Lithium Corp. (CVE:ILC – Get Free Report) shot up 100% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.05. 3,959,607 shares traded hands during mid-day trading, an increase of 3,548% from the average session volume of 108,554 shares. The stock had previously closed at C$0.03.
International Lithium Price Performance
The firm has a market cap of C$13.62 million, a price-to-earnings ratio of 5.00 and a beta of 0.18. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78. The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02.
About International Lithium
International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.
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