Imagine Lithium (CVE:ILI) Sets New 1-Year Low – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.02.

Imagine Lithium Stock Performance

The company has a market capitalization of C$5.54 million, a PE ratio of -3.00 and a beta of 1.54. The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03.

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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