Imagine Lithium (CVE:ILI) Stock Price Down 14.3% – Here’s What Happened

Imagine Lithium Inc. (CVE:ILIGet Free Report) was down 14.3% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 155,349 shares traded hands during trading, a decline of 18% from the average daily volume of 189,174 shares. The stock had previously closed at C$0.04.

Imagine Lithium Trading Up 16.7%

The company has a market capitalization of C$11.92 million, a price-to-earnings ratio of -3.00 and a beta of 0.47. The business’s 50 day moving average price is C$0.03 and its two-hundred 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. Imagine Lithium Inc was incorporated in 2007 and is headquartered in Vancouver, Canada.

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