Imagine Lithium (CVE:ILI) Sets New 1-Year Low – What’s Next?

by · The Markets Daily

Imagine Lithium Inc. (CVE:ILIGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 15200 shares. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The company has a market cap of C$6.93 million, a PE ratio of -3.00 and a beta of 1.54. The company’s 50 day moving average is C$0.02 and its 200 day moving average is 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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