International Lithium (CVE:ILC) Share Price Passes Above 50 Day Moving Average of $0.05

Shares of International Lithium Corp (CVE:ILC) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.05 and traded as high as $0.05. International Lithium shares last traded at $0.05, with a volume of 30,100 shares traded.

The business’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a market capitalization of $5.97 million and a P/E ratio of -2.94. The company has a current ratio of 0.01, a quick ratio of 0.00 and a debt-to-equity ratio of 1,388.34.

About International Lithium (CVE:ILC)

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Argentina, Canada, and Ireland. It primarily explores for lithium-potash and rare metal deposits, as well as boron, cesium, and tantalum. The company's principal project is the Mariana lithium-potash brine project covering an area of 160 square kilometers in Argentina.

Further Reading: Cash Flow Analysis in Stock Selection

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