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

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILI – Get Free Report)’s stock price fell 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 162,710 shares traded hands during trading, an increase of 94% from the average session volume of 83,836 shares. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The firm has a market capitalization of C$8.52 million, a price-to-earnings ratio of -3.00 and a beta of 0.81. The business has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.03.

About Imagine Lithium

(Get Free Report)

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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