Imagine Lithium (CVE:ILI) Shares Down 14.3% – What’s Next?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares fell 14.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 133,604 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 369,420 shares. The stock had previously closed at C$0.04.

Imagine Lithium Stock Performance

The company has a market cap of C$10.22 million, a PE ratio of -3.00 and a beta of 0.96. The firm has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.02.

Imagine Lithium Company Profile

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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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