Imagine Lithium (CVE:ILI) Reaches New 1-Year Low – Here’s Why

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 21000 shares traded. The stock had previously closed at C$0.03.

Imagine Lithium Stock Performance

The stock’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market capitalization of C$6.93 million, a P/E ratio of -3.00 and a beta of 1.54.

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.

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