Imagine Lithium (CVE:ILI) Reaches New 52-Week Low – Time to Sell?

Imagine Lithium Inc. (CVE:ILI) reached a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 17266 shares changing hands. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The company has a market capitalization of C$6.81 million, a PE ratio of -3.00 and a beta of 0.77. The company has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.03.

About Imagine Lithium

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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.