Imagine Lithium (CVE:ILI) Shares Up 16.7% – Here’s What Happened

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) were up 16.7% during mid-day trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 672,490 shares were traded during trading, an increase of 81% from the average daily volume of 370,623 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Up 16.7%

The company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.02. The firm has a market cap of C$11.92 million, a PE ratio of -3.00 and a beta of 0.96.

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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