Imagine Lithium (CVE:ILI) Sets New 1-Year Low – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The company has a market capitalization of C$5.54 million, a price-to-earnings ratio of -3.00 and a beta of 1.54.

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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