International Lithium Corp. (CVE:ILC – Get Free Report) fell 20% on Wednesday. The company traded as low as C$0.02 and last traded at C$0.02. Approximately 168,000 shares traded hands during trading, an increase of 14% from the average daily volume of 147,649 shares. The stock had previously closed at C$0.03.
International Lithium Stock Performance
The company has a debt-to-equity ratio of 2.77, a quick ratio of 54.82 and a current ratio of 43.32. The business has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The stock has a market capitalization of C$5.83 million, a P/E ratio of -2.00 and a beta of -0.69.
International Lithium Company Profile
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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