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

International Lithium Corp. (CVE:ILCGet Free Report)’s stock price fell 25% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 351,105 shares were traded during mid-day 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 Price Performance

The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02. 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 stock has a market cap of C$5.45 million, a PE ratio of 2.00 and a beta of 0.42.

International Lithium Company Profile

(Get Free Report)

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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