Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s share price dropped 14.3% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 275,285 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 379,667 shares. The stock had previously closed at C$0.04.
Imagine Lithium Stock Performance
The business’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.02. The stock has a market cap of C$10.22 million, a price-to-earnings ratio of -3.00 and a beta of 1.38.
About Imagine Lithium
Imagine Lithium Inc, a junior mineral exploration company, acquires, explores, and evaluates mineral properties in North America. It has 100% interest in its flagship project the Jackpot Lithium property located in Thunder Bay, Ontario. The company was formerly known as Infinite Ore Corp. and changed its name to Imagine Lithium Inc in February 2022.
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