International Lithium Corp. (CVE:ILC – Get Free Report) shot up 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 738,500 shares were traded during trading, a decline of 3% from the average session volume of 758,614 shares. The stock had previously closed at C$0.02.
International Lithium Stock Performance
The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a market capitalization of C$6.81 million, a price-to-earnings ratio of 3.00 and a beta of 0.02. The company has a debt-to-equity ratio of 2.78, a quick ratio of 54.82 and a current ratio of 43.32.
About International Lithium
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. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.
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