International Lithium Corp. (CVE:ILC – Get Free Report)’s share price was down 40% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,376,253 shares traded hands during mid-day trading, an increase of 1,677% from the average daily volume of 133,703 shares. The stock had previously closed at C$0.03.
International Lithium Trading Down 40.0%
The firm’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.02. The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The company has a market cap of C$4.09 million, a PE ratio of 3.00 and a beta of 0.19.
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. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.
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