International Lithium (CVE:ILC) Shares Down 25% – What’s Next?

International Lithium Corp. (CVE:ILC)’s stock price was down 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 161,000 shares changed hands during trading, an increase of 102% from the average daily volume of 79,898 shares. The stock had previously closed at C$0.02.

International Lithium Trading Down 25.0%

The stock has a market cap of C$4.09 million, a PE ratio of -2.00 and a beta of 0.53. The firm has a 50-day simple moving average of C$0.02 and a 200-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.