Imagine Lithium (CVE:ILI) Stock Price Down 14.3% – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price fell 14.3% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 353,948 shares were traded during mid-day trading, an increase of 2% from the average session volume of 348,309 shares. The stock had previously closed at C$0.04.

Imagine Lithium Stock Down 14.3%

The company has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$10.22 million, a price-to-earnings ratio of -3.00 and a beta of 0.98.

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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