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

Imagine Lithium Inc. (CVE:ILIGet Free Report) dropped 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 312,603 shares changed hands during trading, an increase of 192% from the average daily volume of 107,218 shares. The stock had previously closed at C$0.02.

Imagine Lithium Trading Down 25.0%

The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$4.16 million, a PE ratio of -3.00 and a beta of 1.54.

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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