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

Imagine Lithium Inc. (CVE:ILIGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 722000 shares changing hands. The stock had previously closed at C$0.03.

Imagine Lithium Stock Down 20.0 %

The company’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The stock 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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