International Lithium (CVE:ILC) Shares Up 33.3% – Here’s What Happened

International Lithium Corp. (CVE:ILCGet Free Report) shares shot up 33.3% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands during mid-day trading, an increase of 126% from the average session volume of 75,155 shares. The stock had previously closed at C$0.02.

International Lithium Stock Up 33.3%

The company has a market cap of C$5.45 million, a price-to-earnings ratio of -2.00 and a beta of 0.53. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78. The business has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01.

International Lithium Company Profile

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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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