International Lithium (CVE:ILC) Shares Down 28.6% – Here’s What Happened

International Lithium Corp. (CVE:ILCGet Free Report) was down 28.6% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 381,329 shares changed hands during mid-day trading, an increase of 234% from the average daily volume of 114,338 shares. The stock had previously closed at C$0.04.

International Lithium Trading Down 14.3%

The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The business has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.02. The firm has a market cap of C$8.17 million, a price-to-earnings ratio of 3.00 and a beta of 0.19.

About International Lithium

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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.

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