Imagine Lithium (CVE:ILI) Hits New 12-Month Low – What’s Next?

Shares of Imagine Lithium Inc. (CVE:ILIGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 90000 shares trading hands. The stock had previously closed at C$0.03.

Imagine Lithium Price Performance

The firm has a market cap of C$8.31 million, a PE ratio of -3.00 and a beta of 1.54. The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price 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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