International Lithium (CVE:ILC) Trading 33.3% Higher – Still a Buy?

International Lithium Corp. (CVE:ILC)’s share price 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 were traded 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 Trading Up 33.3%

The firm’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. The stock has a market capitalization of C$5.45 million, a P/E ratio of -2.00 and a beta of 0.53. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78.

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.