Imagine Lithium (CVE:ILI) Hits New 52-Week Low – Should You Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 34500 shares traded. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The stock has a market capitalization of C$6.93 million, a P/E ratio of -3.00 and a beta of 1.54.

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.

Further Reading

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