International Lithium Corp. (CVE:ILC – Get Free Report) traded down 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 458,436 shares traded hands during trading, a decline of 33% from the average session volume of 683,569 shares. The stock had previously closed at C$0.03.
International Lithium Stock Performance
The stock has a market cap of C$6.81 million, a P/E ratio of 3.00 and a beta of 0.02. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78. The business has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.02.
About International Lithium
International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.
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