Imagine Lithium (CVE:ILI) Trading Down 14.3% – Here’s What Happened

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILI – Get Free Report) shares dropped 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 209,431 shares traded hands during trading, an increase of 2% from the average daily volume of 205,601 shares. The stock had previously closed at C$0.04.

Imagine Lithium Price Performance

The firm’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a market cap of C$10.22 million, a price-to-earnings ratio of -3.00 and a beta of 0.81.

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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.

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