International Lithium (CVE:ILC) Trading 33.3% Higher – Here’s What Happened

Shares of International Lithium Corp. (CVE:ILCGet Free Report) traded up 33.3% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 170,000 shares changed hands during 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 Performance

The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32. The company has a market capitalization of C$5.45 million, a price-to-earnings ratio of -2.00 and a beta of 0.53.

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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