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

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s share price was down 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 209,431 shares were traded 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 Stock Up 16.7%

The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market cap of C$11.92 million, a price-to-earnings 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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