Imagine Lithium (CVE:ILI) Trading Down 16.7% – Here’s What Happened

by · The Cerbat Gem

Imagine Lithium Inc. (CVE:ILIGet Free Report) was down 16.7% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 103,300 shares were traded during trading, a decline of 71% from the average daily volume of 361,687 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Down 16.7%

The firm’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$8.52 million, a PE 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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