International Lithium (CVE:ILC) Shares Down 25% – Here’s What Happened

International Lithium Corp. (CVE:ILCGet Free Report) fell 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 351,105 shares traded hands during trading, an increase of 318% from the average session volume of 84,070 shares. The stock had previously closed at C$0.02.

International Lithium Stock Performance

The company has a market cap of C$5.45 million, a P/E ratio of 2.00 and a beta of 0.42. 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’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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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