Imagine Lithium (CVE:ILI) Sets New 52-Week Low – What’s Next?

Imagine Lithium Inc. (CVE:ILI) 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 503474 shares. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The business’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The stock has a market cap of C$5.54 million, a P/E ratio of -3.00 and a beta of 1.54.

Imagine Lithium Company Profile

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.