Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) shot up 16.7% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 138,881 shares were traded during trading, a decline of 62% from the average session volume of 368,256 shares. The stock had previously closed at C$0.03.
Imagine Lithium Trading Up 16.7%
The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.02. The firm has a market cap of C$11.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.96.
Imagine Lithium Company Profile
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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