Shares of International Lithium Corp. (CVE:ILC – Get Free Report) were up 33.3% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 116,561 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 148,222 shares. The stock had previously closed at C$0.01.
International Lithium Price Performance
The business’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.77. The company has a market capitalization of C$5.83 million, a P/E ratio of -2.00 and a beta of -0.48.
About International Lithium
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. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.
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