Imagine Lithium (CVE:ILI) Stock Price Down 25% – Here’s What Happened

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price was down 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 121,905 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 103,863 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Down 25.0 %

The company has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The stock has a market capitalization of C$4.16 million, a PE ratio of -3.00 and a beta of 1.54.

About Imagine Lithium

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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.

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