International Lithium Corp. (CVE:ILC – Get Free Report) shot up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 738,500 shares were traded during mid-day 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 Price Performance
The stock has a market cap of C$6.81 million, a P/E ratio of 3.00 and a beta of 0.02. The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.02. The company has a quick ratio of 54.82, a current ratio of 43.32 and a debt-to-equity ratio of 2.78.
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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