Imagine Lithium (CVE:ILI) Hits New 12-Month Low – Should You Sell?

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILIGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 19577 shares changing hands. The stock had previously closed at C$0.01.

Imagine Lithium Stock Up 33.3%

The company has a market capitalization of C$6.81 million, a P/E ratio of -3.00 and a beta of 0.63. The company has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

About Imagine Lithium

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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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