Infinite Lithium Corp (CVE:ILI)’s share price dropped 23.1% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, approximately 150,000 shares were traded during trading. An increase of 306% from the average daily volume of 36,943 shares. The stock had previously closed at C$0.07.

The firm has a market cap of $2.33 million and a PE ratio of -4.55. The business’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06.

About Infinite Lithium (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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