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

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares traded down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 312,603 shares changed hands during trading, an increase of 192% from the average session volume of 107,218 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Down 25.0%

The firm has a market capitalization of C$4.16 million, a price-to-earnings ratio of -3.00 and a beta of 1.54. The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

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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