Shares of International Lithium Corp. (CVE:ILC – Get Free Report) fell 16.7% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 812,635 shares changed hands during trading, an increase of 557% from the average session volume of 123,668 shares. The stock had previously closed at C$0.03.
International Lithium Price Performance
The company’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.02. The firm has a market capitalization of C$6.81 million, a price-to-earnings ratio of 3.00 and a beta of 0.19. The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82.
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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