Imagine Lithium (CVE:ILI) Trading Down 16.7% – What’s Next?

by · The Cerbat Gem

Imagine Lithium Inc. (CVE:ILIGet Free Report) traded down 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 103,300 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 361,687 shares. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The business’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.02. The firm has a market cap of C$10.22 million, a P/E ratio of -3.00 and a beta of 0.96.

Imagine Lithium Company Profile

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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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