International Lithium (CVE:ILC) Shares Up 14.3% – Here’s What Happened

International Lithium Corp. (CVE:ILC) rose 14.3% on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 335,030 shares changed hands during trading, an increase of 193% from the average daily volume of 114,455 shares. The stock had previously closed at C$0.04.

International Lithium Stock Performance

The firm has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.02. 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 stock has a market cap of C$10.90 million, a PE ratio of 4.00 and a beta of -0.16.

International Lithium Company Profile

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.