Imagine Lithium (CVE:ILI) Hits New 1-Year Low – Here’s Why

Imagine Lithium Inc. (CVE:ILI – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 83985 shares changing hands. The stock had previously closed at C$0.02.

Imagine Lithium Stock Down 25.0%

The company has a market cap of C$5.11 million, a PE ratio of -3.00 and a beta of 0.53. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03.

Imagine Lithium Company Profile

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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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