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

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price was down 25% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 121,905 shares traded hands during trading, an increase of 17% from the average daily volume of 103,863 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The firm has a market capitalization of C$4.16 million, a PE ratio of -3.00 and a beta of 1.54. The business has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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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