Imagine Lithium (CVE:ILI) Sets New 52-Week High – Still a Buy?

by · The Cerbat Gem

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.03, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The company has a market capitalization of C$8.31 million, a P/E ratio of -3.00 and a beta of 1.54. The business has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.03.

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.

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