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

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

Imagine Lithium Price Performance

The firm has a market cap of C$5.54 million, a PE ratio of -3.00 and a beta of 1.54. The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is 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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