Imagine Lithium (CVE:ILI) Shares Down 16.7% – Should You Sell?

Imagine Lithium Inc. (CVE:ILI – Get Free Report) was down 16.7% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 162,710 shares were traded during mid-day trading, an increase of 95% from the average daily volume of 83,336 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Down 16.7%

The stock has a market cap of C$8.52 million, a P/E ratio of -3.00 and a beta of 0.81. The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

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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