Imagine Lithium (CVE:ILI) Shares Down 14.3% – Should You Sell?

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) traded down 14.3% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 353,948 shares were traded during trading, an increase of 2% from the average session volume of 348,309 shares. The stock had previously closed at C$0.04.

Imagine Lithium Stock Up 16.7%

The stock’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The company has a market cap of C$11.92 million, a P/E ratio of -3.00 and a beta of 0.98.

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.

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