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

Imagine Lithium Inc. (CVE:ILI – Get Free Report) shares reached a new 52-week low on Monday. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 27,018 shares trading hands. The stock had previously closed at C$0.01.

Imagine Lithium Stock Performance

The company has a market capitalization of C$5.16 million, a P/E ratio of -3.00 and a beta of 0.83. The business’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.

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