International Lithium (CVE:ILC) Trading Up 25% – Here’s What Happened

International Lithium Corp. (CVE:ILC) shares traded up 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 1,089,841 shares were traded during mid-day trading, an increase of 429% from the average session volume of 206,001 shares. The stock had previously closed at C$0.02.

International Lithium Stock Up 25.0%

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 company has a market cap of C$6.81 million, a price-to-earnings ratio of 3.00 and a beta of -0.17. The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

International Lithium Company Profile

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. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.