Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) fell 16.7% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 103,300 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 361,687 shares. The stock had previously closed at C$0.03.
Imagine Lithium Trading Down 16.7%
The company has a market cap of C$8.52 million, a price-to-earnings ratio of -3.00 and a beta of 0.96. The stock has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of 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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