Imagine Lithium (CVE:ILI) Trading 50% Higher – Time to Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price traded up 50% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 676,000 shares changed hands during mid-day trading, an increase of 342% from the average session volume of 152,781 shares. The stock had previously closed at C$0.02.

Imagine Lithium Trading Up 50.0%

The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market cap of C$10.22 million, a P/E ratio of -3.00 and a beta of 1.05.

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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