Imagine Lithium (CVE:ILI) Reaches New 1-Year Low – What’s Next?

Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 10331 shares changing hands. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market cap of C$5.11 million, a price-to-earnings ratio of -3.00 and a beta of 0.63.

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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