Imagine Lithium (CVE:ILI) Stock Price Down 14.3% – Time to Sell?

Imagine Lithium Inc. (CVE:ILI)’s stock price was down 14.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 209,431 shares traded hands during trading, an increase of 2% from the average daily volume of 205,601 shares. The stock had previously closed at C$0.04.

Imagine Lithium Trading Up 16.7%

The company has a market capitalization of C$11.92 million, a PE ratio of -3.00 and a beta of 0.81. The stock’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

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.