International Lithium (CVE:ILC) Stock Price Down 33.3% – What’s Next?

International Lithium Corp. (CVE:ILC)’s share price was down 33.3% on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 137,000 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 81,741 shares. The stock had previously closed at C$0.02.

International Lithium Price Performance

The company has a market cap of C$2.49 million, a price-to-earnings ratio of -1.00 and a beta of 1.03. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78.

International Lithium Company Profile

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.