Insider Buying: Frontier Lithium Inc. (CVE:FL) Senior Officer Purchases 25,000 Shares of Stock

Frontier Lithium Inc. (CVE:FL) Senior Officer Gregory Da Re acquired 25,000 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average price of C$0.55 per share, with a total value of C$13,750.00.

Frontier Lithium Stock Performance

Shares of FL traded up C$0.02 on Tuesday, reaching C$0.55. 5,200 shares of the company’s stock traded hands, compared to its average volume of 152,016. The stock’s 50 day simple moving average is C$0.57 and its two-hundred day simple moving average is C$0.65. The stock has a market cap of C$125.20 million, a PE ratio of -5.30 and a beta of 1.35. Frontier Lithium Inc. has a 52-week low of C$0.41 and a 52-week high of C$1.21. The company has a current ratio of 4.62, a quick ratio of 5.19 and a debt-to-equity ratio of 0.16.

Frontier Lithium Company Profile

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.