Imagine Lithium (CVE:ILI) Trading Down 14.3% – What’s Next?

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) fell 14.3% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 209,431 shares were traded during trading, an increase of 2% from the average session volume of 205,601 shares. The stock had previously closed at C$0.04.

Imagine Lithium Trading Down 14.3%

The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The stock 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

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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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.

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