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

Imagine Lithium Inc. (CVE:ILI – Get Free Report) was down 14.3% during trading on Thursday . The stock 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 Stock Performance

The business has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The firm has a market capitalization of C$11.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.98.

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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