International Lithium (CVE:ILC) Hits New 12-Month Low – Here’s Why

International Lithium Corp. (CVE:ILC) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.02.

International Lithium Price Performance

The stock has a market capitalization of C$2.49 million, a PE ratio of -1.00 and a beta of 1.03. The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.02. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78.

International Lithium Company Profile

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.