International Lithium (CVE:ILC) Shares Up 33.3% – Here’s What Happened

International Lithium Corp. (CVE:ILC) shares were up 33.3% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.02. 116,561 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 148,222 shares. The stock had previously closed at C$0.01.

International Lithium Stock Performance

The business has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The firm has a market capitalization of C$5.83 million, a price-to-earnings ratio of -2.00 and a beta of -0.48. The company has a debt-to-equity ratio of 2.77, a quick ratio of 54.82 and a current ratio of 43.32.

International Lithium Company Profile

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. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.