International Lithium (CVE:ILC) Sets New 52-Week Low – Here’s Why

International Lithium Corp. (CVE:ILC) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 16590 shares changing hands. The stock had previously closed at C$0.02.

International Lithium Stock Up 33.3 %

The stock’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78. The firm has a market capitalization of C$4.97 million, a P/E ratio of -2.00 and a beta of 1.03.

About International Lithium

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.