International Lithium (CVE:ILC) Reaches New 1-Year Low – Here’s Why

Shares of International Lithium Corp. (CVE:ILCGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.02.

International Lithium Price Performance

The stock has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The stock has a market capitalization of C$4.97 million, a P/E ratio of -2.00 and a beta of 1.03. The company has a debt-to-equity ratio of 2.78, a current ratio of 43.32 and a quick ratio of 54.82.

About International Lithium

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International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe.

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