International Lithium (CVE:ILC) Trading Down 25% – Time to Sell?

International Lithium Corp. (CVE:ILCGet Free Report) fell 25% during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01. 162,300 shares changed hands during trading, an increase of 4% from the average session volume of 155,978 shares. The stock had previously closed at C$0.02.

International Lithium Price Performance

The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The firm has a market capitalization of C$5.83 million, a PE ratio of -2.00 and a beta of -0.72. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.77.

International Lithium Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for International Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Lithium and related companies with MarketBeat.com's FREE daily email newsletter.