International Lithium (CVE:ILC) Trading Down 25% – Should You Sell?

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

International Lithium Price Performance

The business has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02. 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 stock has a market capitalization of C$5.45 million, a PE ratio of 2.00 and a beta of 0.42.

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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