Imagine Lithium (CVE:ILI) Sets New 1-Year Low – Here’s What Happened

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 34500 shares trading hands. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The company has a fifty day moving average price of C$0.02 and a 200 day moving average price of 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.

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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