Imagine Lithium (CVE:ILI) Stock Price Down 14.3% – What’s Next?

Imagine Lithium Inc. (CVE:ILI) shares fell 14.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 200,431 shares were traded during trading, a decline of 0% from the average session volume of 201,267 shares. The stock had previously closed at C$0.04.

Imagine Lithium Stock Up 16.7%

The firm has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The stock has a market capitalization of C$11.92 million, a P/E ratio of -3.00 and a beta of 0.81.

Imagine Lithium Company Profile

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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.