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

Imagine Lithium Inc. (CVE:ILIGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 503474 shares trading hands. The stock had previously closed at C$0.02.

Imagine Lithium Price Performance

The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$5.54 million, a price-to-earnings ratio of -3.00 and a beta of 1.54.

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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