Imagine Lithium (CVE:ILI) Shares Down 16.7% – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price was down 16.7% during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 162,710 shares were traded during trading, an increase of 94% from the average daily volume of 83,836 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Down 16.7%

The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The stock has a market cap of C$8.52 million, a price-to-earnings ratio of -3.00 and a beta of 0.81.

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

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