International Lithium (CVE:ILC) Stock Price Down 28.6% – Here’s What Happened

International Lithium Corp. (CVE:ILCGet Free Report)’s stock price was down 28.6% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 381,329 shares traded hands during trading, an increase of 234% from the average daily volume of 114,338 shares. The stock had previously closed at C$0.04.

International Lithium Trading Down 14.3%

The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78. The company has a market cap of C$8.17 million, a P/E ratio of 3.00 and a beta of 0.19. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.02.

International Lithium Company Profile

(Get Free Report)

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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