International Lithium (CVE:ILC) Stock Passes Below Fifty Day Moving Average of $0.07

International Lithium Corp. (CVE:ILCGet Rating)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.07 and traded as low as C$0.06. International Lithium shares last traded at C$0.06, with a volume of 65,300 shares traded.

International Lithium Trading Down 7.7 %

The firm has a market capitalization of C$14.91 million, a PE ratio of -6.00 and a beta of 1.76. The company’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 57.20.

About International Lithium

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International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Argentina, Canada, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company holds an interest in the Raleigh Lake project, which covers an area over 48,500 hectares located in Ontario; Avalonia Project, which comprises eight prospecting licenses totaling 292 square kilometers in south-eastern Ireland; and the Forgan Lake/Georgia Lake Project, which covers an area of 256 hectares located in the Thunder Bay Mining District in Northwestern Ontario, Canada.

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