Imagine Lithium Inc. (CVE:ILI – Get Free Report) dropped 16.7% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 103,300 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 361,687 shares. The stock had previously closed at C$0.03.
Imagine Lithium Price Performance
The company has a market cap of C$8.52 million, a price-to-earnings ratio of -3.00 and a beta of 0.96. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.02.
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.
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