Imagine Lithium (CVE:ILI) Stock Price Down 16.7% – Here’s What Happened

Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) dropped 16.7% on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 110,710 shares traded hands during mid-day trading, an increase of 2,123% from the average daily volume of 4,981 shares. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The business 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.

Imagine Lithium Company Profile

(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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