International Lithium (CVE:ILC) Stock Price Down 25% – Here’s Why

International Lithium Corp. (CVE:ILCGet Free Report)’s share price traded down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 126,523 shares traded hands during trading, an increase of 66% from the average session volume of 76,242 shares. The stock had previously closed at C$0.02.

International Lithium Stock Performance

The firm has a market capitalization of C$4.97 million, a price-to-earnings ratio of -2.00 and a beta of 1.03. The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The firm has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

About International Lithium

(Get Free Report)

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.

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