International Lithium (CVE:ILC) Trading Down 25% – Time to Sell?

International Lithium Corp. (CVE:ILCGet Free Report) was down 25% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 126,523 shares traded hands during trading, an increase of 66% from the average daily volume of 76,242 shares. The stock had previously closed at C$0.02.

International Lithium Price Performance

The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The company’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The stock has a market capitalization of C$4.97 million, a P/E ratio of -2.00 and a beta of 1.03.

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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