Imagine Lithium (CVE:ILI) Stock Price Down 25% – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares were down 25% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 103,049 shares changed hands during trading, a decline of 2% from the average daily volume of 105,006 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Performance

The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a market capitalization of C$4.16 million, a PE ratio of -3.00 and a beta of 1.54.

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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