Shares of Infinite Lithium Corp (CVE:ILI) fell 23.1% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, 150,000 shares changed hands during mid-day trading. An increase of 306% from the average session volume of 36,943 shares. The stock had previously closed at C$0.07.
The firm’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.06. The firm has a market capitalization of $2.33 million and a PE ratio of -6.36.
Infinite Lithium Company Profile (CVE:ILI)
Infinite Lithium Corp., a junior mineral exploration company, engages in acquiring, exploring, and evaluating mineral properties in North America. The company primarily explores for lithium deposits. It holds 100% interests in the Electra property comprising two exploration concession applications covering 22,625 hectares located in Mexico; and the Jackpot property located in Thunder Bay, Ontario.
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