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

Shares of International Lithium Corp. (CVE:ILCGet Free Report) rose 100% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 3,959,607 shares changed hands during 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 company has a market capitalization of C$13.62 million, a price-to-earnings ratio of 5.00 and a beta of 0.18. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78.

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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