Imagine Lithium (CVE:ILI) Stock Price Down 25% – Here’s What Happened

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) traded down 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 121,905 shares were traded during trading, an increase of 17% from the average session volume of 103,863 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The company has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The firm has a market capitalization of C$4.16 million, a P/E ratio of -3.00 and a beta of 1.54.

Imagine Lithium Company Profile

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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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