Imagine Lithium (CVE:ILI) Hits New 12-Month Low – Here’s Why

Imagine Lithium Inc. (CVE:ILIGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 337000 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The company’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The firm has a market capitalization of C$5.54 million, a PE ratio of -3.00 and a beta of 1.54.

About Imagine Lithium

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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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