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

Lithium Australia Limited (ASX:LIT) insider Simon Linge purchased 909,091 shares of Lithium Australia stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average price of A$0.01 ($0.01) per share, for a total transaction 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, for a total transaction of A$25,000.00 ($15,723.27).

Lithium Australia Stock Performance

The firm has a market capitalization of $17.51 million, a price-to-earnings ratio of -1.48 and a beta of 1.31. The company has a debt-to-equity ratio of 101.11, a current ratio of 0.55 and a quick ratio of 0.57.

Lithium Australia Company Profile

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.