Imagine Lithium (CVE:ILI) Stock Price Up 16.7% – What’s Next?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price was up 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 672,490 shares were traded during mid-day trading, an increase of 81% from the average daily volume of 370,623 shares. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The firm has a market cap of C$11.92 million, a P/E ratio of -3.00 and a beta of 0.96. The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.02.

About Imagine Lithium

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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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