Imagine Lithium (CVE:ILI) Shares Down 14.3% – Time to Sell?

Imagine Lithium Inc. (CVE:ILI – Get Free Report) dropped 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 353,948 shares traded hands during trading, an increase of 2% from the average daily volume of 348,309 shares. The stock had previously closed at C$0.04.

Imagine Lithium Price Performance

The company has a market capitalization of C$10.22 million, a PE ratio of -3.00 and a beta of 0.98. The firm’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Imagine Lithium

(Get Free Report)

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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