Imagine Lithium (CVE:ILI) Shares Down 25% – Should You Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price fell 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 312,603 shares traded hands during mid-day trading, an increase of 192% from the average session volume of 107,218 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$4.16 million, a PE 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.

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