Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) dropped 14.3% during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 306,837 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 380,977 shares. The stock had previously closed at C$0.04.
Imagine Lithium Stock Performance
The stock has a market cap of C$10.22 million, a PE ratio of -3.00 and a beta of 1.38. The firm’s 50-day moving average is C$0.03 and its 200 day moving average is 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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