International Lithium (CVE:ILC) Hits New 1-Year Low – Here’s What Happened

International Lithium Corp. (CVE:ILC)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 52000 shares. The stock had previously closed at C$0.02.

International Lithium Price Performance

The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78. The company has a market capitalization of C$3.73 million, a P/E ratio of -1.50 and a beta of 1.03. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

Insider Transactions at International Lithium

In other International Lithium news, Director John Michael Wisbey acquired 2,000,000 shares of International Lithium stock in a transaction that occurred on Friday, January 24th. The shares were bought at an average price of C$0.02 per share, with a total value of C$30,000.00. Over the last three months, insiders have bought 2,499,000 shares of company stock worth $37,485. Insiders own 39.90% of the company’s stock.

About International Lithium

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.