Imagine Lithium (CVE:ILI) Shares Up 33.3% – Time to Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price shot up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 104,047 shares changed hands during trading, a decline of 1% from the average session volume of 104,985 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Performance

The firm has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The firm has a market cap of C$5.54 million, a price-to-earnings ratio of -3.00 and a beta of 1.54.

Imagine Lithium Company Profile

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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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