Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) fell 18.2% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 240,000 shares were traded during mid-day trading, an increase of 23% from the average session volume of 194,727 shares. The stock had previously closed at C$0.06.
Imagine Lithium Price Performance
The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04. The company has a market cap of C$12.47 million, a PE ratio of -5.50 and a beta of 1.84.
About Imagine Lithium
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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