Insider Buying: Lithium Australia Limited (ASX:LIT) Insider Acquires A$10,000.00 in Stock

Lithium Australia Limited (ASX:LITGet Free Report) insider Simon Linge bought 909,091 shares of Lithium Australia stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$10,000.00 ($6,329.11).

Simon Linge also recently made the following trade(s):

  • On Tuesday, March 4th, Simon Linge bought 2,272,727 shares of Lithium Australia stock. The shares were acquired at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$25,000.00 ($15,822.78).

Lithium Australia Stock Performance

The company has a debt-to-equity ratio of 101.11, a quick ratio of 0.57 and a current ratio of 0.55. The firm has a market cap of $17.51 million, a P/E ratio of -1.48 and a beta of 1.31.

About Lithium Australia

(Get Free Report)

Lithium Australia Limited, together with its subsidiaries, engages in the mineral exploration and technology development activities. It operates through Battery Recycling, Lithium Chemicals, and Battery Materials segments. The company researches and develops processing technologies for mixed-battery recycling, as well as sells recovered energy metals; and researches, develops, and produces battery materials, including lithium ferro phosphate and lithium manganese ferro phosphate.

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