International Lithium (CVE:ILC) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

International Lithium Corp. (CVE:ILC)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.02 and traded as low as C$0.02. International Lithium shares last traded at C$0.02, with a volume of 103,449 shares traded.

International Lithium Trading Down 20.0%

The company has a market capitalization of C$5.45 million, a PE ratio of 3.00 and a beta of -0.15. The company has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78.

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.