International Lithium Corp. (CVE:ILC – Get Free Report) shares fell 16.7% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 120,151 shares traded hands during trading, a decline of 60% from the average session volume of 300,932 shares. The stock had previously closed at C$0.03.
International Lithium Price Performance
The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82. The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The stock has a market capitalization of C$6.81 million, a price-to-earnings ratio of 3.00 and a beta of 0.02.
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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