Simon Linge Acquires 909,091 Shares of Lithium Australia Limited (ASX:LIT) Stock

Lithium Australia Limited (ASX:LITGet Free Report) insider Simon Linge bought 909,091 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of A$0.01 ($0.01) per share, with a total value of A$10,000.00 ($6,289.31).

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

  • On Tuesday, March 4th, Simon Linge purchased 2,272,727 shares of Lithium Australia stock. The shares were bought at an average price of A$0.01 ($0.01) per share, with a total value of A$25,000.00 ($15,723.27).

Lithium Australia Price Performance

The company has a current ratio of 0.55, a quick ratio of 0.57 and a debt-to-equity ratio of 101.11. The stock 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.

Further Reading

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