Imagine Lithium (CVE:ILI) Trading Down 16.7% – Time to Sell?
by Amy Steele · The Cerbat GemShares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) were down 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 162,710 shares changed hands during mid-day trading, an increase of 94% from the average daily volume of 83,836 shares. The stock had previously closed at C$0.03.
Imagine Lithium Stock Performance
The stock has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The stock has a market cap of C$10.22 million, a P/E ratio of -3.00 and a beta of 0.81.
About Imagine Lithium
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.