Imagine Lithium (CVE:ILI) Hits New 12-Month Low – Here’s Why

Imagine Lithium Inc. (CVE:ILI) shares 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 15000 shares trading hands. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The firm has a market capitalization of C$5.54 million, a P/E ratio of -3.00 and a beta of 1.54. The business’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.03.

Imagine Lithium Company Profile

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.