Imagine Lithium (CVE:ILI) Trading Up 22.2% – What’s Next?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price was up 22.2% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 8,849,297 shares traded hands during trading, an increase of 2,852% from the average daily volume of 299,729 shares. The stock had previously closed at C$0.05.

Imagine Lithium Trading Up 22.2%

The firm has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$18.73 million, a price-to-earnings ratio of -3.00 and a beta of 1.38.

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.

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