Imagine Lithium (CVE:ILI) Shares Down 14.3% – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 353,948 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 348,309 shares. The stock had previously closed at C$0.04.

Imagine Lithium Trading Down 14.3%

The firm has a market cap of C$10.22 million, a PE ratio of -3.00 and a beta of 0.98. The company has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

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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