Shares of Imagine Lithium Inc. (CVE:ILI – Get Free Report) were up 14.3% during mid-day trading on Thursday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 645,010 shares changed hands during trading, an increase of 233% from the average daily volume of 193,574 shares. The stock had previously closed at C$0.04.
Imagine Lithium Trading Up 14.3 %
The stock has a market cap of C$11.09 million, a P/E ratio of -4.00 and a beta of 1.88. The company’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.
About Imagine Lithium
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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