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

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

Imagine Lithium Stock Up 20.0 %

The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a market capitalization of C$8.31 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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