Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) were down 14.3% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 209,431 shares changed hands during trading, an increase of 2% from the average daily volume of 205,601 shares. The stock had previously closed at C$0.04.
Imagine Lithium Price Performance
The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market capitalization of C$10.22 million, a price-to-earnings ratio of -3.00 and a beta of 0.81.
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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.
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