International Lithium (CVE:ILC) Trading 14.3% Higher – Should You Buy?

Shares of International Lithium Corp. (CVE:ILCGet Free Report) were up 14.3% on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 325,030 shares traded hands during trading, an increase of 186% from the average daily volume of 113,777 shares. The stock had previously closed at C$0.04.

International Lithium Stock Performance

The firm’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.02. The stock has a market capitalization of C$10.90 million, a price-to-earnings ratio of 4.00 and a beta of -0.16. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32.

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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