Imagine Lithium (CVE:ILI) Reaches New 52-Week Low – Should You Sell?

Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 40395 shares. The stock had previously closed at C$0.02.

Imagine Lithium Trading Down 25.0%

The stock’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The company has a market capitalization of C$5.11 million, a price-to-earnings ratio of -3.00 and a beta of 0.65.

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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