Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) dropped 25% on Friday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 123,245 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 177,886 shares. The stock had previously closed at C$0.02.
Imagine Lithium Stock Performance
The stock has a market cap of C$5.11 million, a PE ratio of -3.00 and a beta of 0.63. The business has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.
About Imagine Lithium
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.
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