Imagine Lithium (CVE:ILI) Trading Up 16.7% – Still a Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares were up 16.7% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 138,881 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 368,221 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Up 16.7%

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

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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