International Lithium (CVE:ILC) Trading Up 33.3% – Should You Buy?

International Lithium Corp. (CVE:ILCGet Free Report)’s share price was up 33.3% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares were traded during trading, an increase of 126% from the average daily volume of 75,155 shares. The stock had previously closed at C$0.02.

International Lithium Stock Up 33.3%

The stock has a market capitalization of C$5.45 million, a price-to-earnings ratio of -2.00 and a beta of 0.53. 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 firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.01.

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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