International Lithium (CVE:ILC) Stock Price Up 100% – Time to Buy?

International Lithium Corp. (CVE:ILCGet Free Report) rose 100% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 3,959,607 shares traded hands during mid-day trading, an increase of 3,548% from the average daily volume of 108,554 shares. The stock had previously closed at C$0.03.

International Lithium Trading Up 100.0%

The stock has a market cap of C$13.62 million, a P/E ratio of 5.00 and a beta of 0.18. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

About International Lithium

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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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