International Lithium (CVE:ILC) Stock Price Down 25% – Should You Sell?

International Lithium Corp. (CVE:ILC)’s share price was down 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 271,100 shares changed hands during mid-day trading, an increase of 259% from the average daily volume of 75,609 shares. The stock had previously closed at C$0.02.

International Lithium Stock Down 25.0%

The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.01. The stock has a market cap of C$3.73 million, a price-to-earnings ratio of -1.50 and a beta of 1.03. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32.

International Lithium Company Profile

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.