Imagine Lithium (CVE:ILI) Hits New 12-Month Low – Time to Sell?

Imagine Lithium Inc. (CVE:ILIGet Free Report) reached a new 52-week low 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 capitalization of C$6.93 million, a price-to-earnings ratio of -3.00 and a beta of 1.54. The business has a 50-day moving average of C$0.03 and a two-hundred day moving average of 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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