Imagine Lithium (CVE:ILI) Shares Up 16.7% – Still a Buy?

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) shot up 16.7% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 138,881 shares were traded during mid-day trading, a decline of 62% from the average session volume of 368,256 shares. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The stock has a market capitalization of C$11.92 million, a PE ratio of -3.00 and a beta of 0.96. The stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02.

Imagine Lithium Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Imagine Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imagine Lithium and related companies with MarketBeat.com's FREE daily email newsletter.