Imagine Lithium (CVE:ILI) Stock Price Up 33.3% – Here’s Why

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price shot up 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. 104,047 shares were traded during mid-day trading, a decline of 1% from the average session volume of 104,985 shares. The stock had previously closed at C$0.02.

Imagine Lithium Stock Performance

The stock has a market capitalization of C$5.54 million, a price-to-earnings ratio of -3.00 and a beta of 1.54. The firm has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02.

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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