International Lithium (CVE:ILC) Trading Down 25% – What’s Next?

International Lithium Corp. (CVE:ILCGet Free Report) shares were down 25% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 161,000 shares were traded during mid-day trading, an increase of 102% from the average daily volume of 79,898 shares. The stock had previously closed at C$0.02.

International Lithium Stock Performance

The company has a market capitalization of C$4.09 million, a price-to-earnings ratio of -2.00 and a beta of 0.42. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32. The company has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.01.

About International Lithium

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International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.

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