Imagine Lithium (CVE:ILI) Stock Price Up 20% – Time to Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares were up 20% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 898,500 shares traded hands during mid-day trading, an increase of 155% from the average daily volume of 352,390 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Up 20.0%

The company has a market cap of C$10.22 million, a price-to-earnings ratio of -3.00 and a beta of 0.81. The business has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03.

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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.

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