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

International Lithium Corp. (CVE:ILCGet Free Report) shares fell 25% during mid-day trading on Friday . The company 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 company has a market capitalization of C$5.45 million, a P/E ratio of 2.00 and a beta of 0.42. The firm’s fifty day moving average is C$0.02 and its 200 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.

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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