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

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s stock price dropped 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 353,948 shares changed 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 business’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The firm has a market capitalization of C$10.22 million, a P/E ratio of -3.00 and a beta of 0.98.

Imagine Lithium Company Profile

(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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