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

Imagine Lithium Inc. (CVE:ILIGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 503474 shares traded. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

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

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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