Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) traded down 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 133,604 shares changed hands during trading, a decline of 64% from the average session volume of 369,420 shares. The stock had previously closed at C$0.04.
Imagine Lithium Stock Performance
The firm’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02. The firm has a market cap of C$10.22 million, a PE ratio of -3.00 and a beta of 0.96.
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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