Imagine Lithium (CVE:ILI) Stock Price Up 33.3% – Time to Buy?

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) rose 33.3% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 104,047 shares changed hands during trading, a decline of 1% from the average daily volume of 104,985 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The stock has a market cap of C$5.54 million, a P/E ratio of -3.00 and a beta of 1.54. The firm’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02.

About Imagine Lithium

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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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