Imagine Lithium (CVE:ILI) Stock Price Up 33.3% – Still a Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report) rose 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 104,047 shares were traded during trading, a decline of 1% from the average daily volume of 104,985 shares. The stock had previously closed at C$0.02.

Imagine Lithium Trading Up 33.3%

The firm has a market capitalization of C$5.54 million, a P/E ratio of -3.00 and a beta of 1.54. The company’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

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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