International Lithium (CVE:ILC) Stock Price Down 25% – Should You Sell?

Shares of International Lithium Corp. (CVE:ILCGet Free Report) were down 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 126,523 shares changed hands during trading, an increase of 66% from the average daily volume of 76,242 shares. The stock had previously closed at C$0.02.

International Lithium Stock Performance

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 stock has a market cap of C$4.97 million, a price-to-earnings ratio of -2.00 and a beta of 1.03. The business’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01.

International Lithium Company Profile

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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.

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