Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) shot up 25% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 158,000 shares were traded during mid-day trading, an increase of 4% from the average session volume of 151,837 shares. The stock had previously closed at C$0.02.
Imagine Lithium Stock Performance
The firm has a market capitalization of C$8.52 million, a P/E ratio of -3.00 and a beta of 1.33. The business has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02.
About Imagine Lithium
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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