Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s share price dropped 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 118,000 shares traded hands during trading, an increase of 11% from the average daily volume of 106,308 shares. The stock had previously closed at C$0.02.
Imagine Lithium Stock Performance
The firm has a market cap of C$4.16 million, a price-to-earnings ratio of -3.00 and a beta of 1.54. The business’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.
About Imagine Lithium
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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