Imagine Lithium (CVE:ILI) Reaches New 52-Week Low – Should You Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report) hit a new 52-week low during 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 Stock Performance

The business has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The firm has a market capitalization of C$5.54 million, a price-to-earnings 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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