About
About Infinite Ore Corp
Imagine Lithium Inc., a junior mineral exploration company, engages in acquiring, exploring, and evaluating mineral properties in North America. It primarily explores for lithium deposits. The company holds 100% option interest in the Jackpot Lithium property located in Thunder Bay, Ontario; the Eastern Vision property consisting of 5 claims totaling 80 units covering an area of 1,425 hectares; and the North Buffy Lake property comprising 9 claims totaling 193 units covering an area of approximately 3,440 hectares located in the Red Lake District, Ontario. It also has an option to acquire 100% interest Dixie 3 and Ben Lake properties; a 90% interest in the Dixie Ten-Mile properties; 80% interest in Garnet Lake property; 80% interest in Fredart property comprising 171 contiguous mineral claims covering an area of 2,620 hectares; and 100% interest in the Northern Vision property located in the Red Lake District, Ontario. The company was formerly known as Infinite Ore Corp. and changed its name to Imagine Lithium Inc. in February 2022. Imagine Lithium Inc. is headquartered in Vancouver, Canada.
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5 years, 5 months ago
Infinite Ore Corp is currently in a long term downtrend where the price is trading 15.4% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Infinite Ore Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 82.1% to $-154K since the same quarter in the previous year.
Finally, its free cash flow fell by 10413.7% to $-347K since the same quarter in the previous year.
Based on the above factors, Infinite Ore Corp gets an overall score of 1/5.