Imagine Lithium (CVE:ILI) Stock Price Up 16.7% – Still a Buy?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price shot up 16.7% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 135,325 shares were traded during mid-day trading, a decline of 26% from the average session volume of 182,950 shares. The stock had previously closed at C$0.03.

Imagine Lithium Trading Up 16.7%

The business has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03. The firm has a market cap of C$11.92 million, a PE ratio of -3.00 and a beta of 0.81.

Imagine Lithium Company Profile

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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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