Imagine Lithium (CVE:ILI) Shares Down 25% – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report) fell 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 118,000 shares changed hands during trading, an increase of 11% from the average session volume of 106,308 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The company has a market cap of C$4.16 million, a P/E ratio of -3.00 and a beta of 1.54. The company’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

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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