International Lithium (CVE:ILC) Shares Down 20% – Time to Sell?

by · The Cerbat Gem

International Lithium Corp. (CVE:ILC – Get Free Report) was down 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 2,356,253 shares changed hands during mid-day trading, an increase of 1,685% from the average daily volume of 131,971 shares. The stock had previously closed at C$0.03.

International Lithium Trading Down 20.0%

The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The stock has a market capitalization of C$5.45 million, a P/E ratio of 3.00 and a beta of 0.19. The firm’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.02.

About International Lithium

(Get Free Report)

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.

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