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

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price rose 16.7% during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 672,490 shares changed hands during trading, an increase of 81% from the average daily volume of 370,623 shares. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. The stock has a market capitalization of C$11.92 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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