Shares of International Lithium Corp. (CVE:ILC – Get Free Report) fell 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 228,475 shares were traded during trading, an increase of 29% from the average daily volume of 176,996 shares. The stock had previously closed at C$0.03.
International Lithium Stock Down 20.0%
The company has a debt-to-equity ratio of 2.77, a quick ratio of 54.82 and a current ratio of 43.32. The stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The stock has a market capitalization of C$5.45 million, a P/E ratio of -2.00 and a beta of -0.70.
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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