Imagine Lithium (CVE:ILI) Trading Down 14.3% – What’s Next?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares were down 14.3% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 275,285 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 379,667 shares. The stock had previously closed at C$0.04.

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$0.02. The firm has a market cap of C$10.22 million, a PE ratio of -3.00 and a beta of 1.38.

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.

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