Insider Buying: Galan Lithium Ltd (ASX:GLN) Insider Acquires A$14,616.00 in Stock

Galan Lithium Ltd (ASX:GLN) insider Juan Pablo de la Vega purchased 84,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 10th. The shares were bought at an average cost of A$0.17 ($0.12) per share, with a total value of A$14,616.00 ($10,365.96).

Juan Pablo de la Vega also recently made the following trade(s):

  • On Thursday, June 13th, Juan Pablo de la Vega 10,000,000 shares of Galan Lithium stock.
  • On Thursday, May 30th, Juan Pablo de la Vega purchased 26,700 shares of Galan Lithium stock. The shares were bought at an average cost of A$0.22 ($0.15) per share, with a total value of A$5,767.20 ($4,090.21).

Shares of GLN stock opened at A$0.16 ($0.11) on Friday. Galan Lithium Ltd has a one year low of A$0.16 ($0.11) and a one year high of A$0.68 ($0.48). The stock’s 50 day moving average is A$0.20. The firm has a market capitalization of $20.69 million and a price-to-earnings ratio of -12.31.

About Galan Lithium

Galan Lithium Limited acquires, explores for, and evaluates mineral projects. The company primarily explores for lithium, tin, and tantalum deposits, as well as oil. It holds interests in the Hombre Muerto lithium project located within the South American Lithium Triangle in the Hombre Muerto Basin; and Greenbushes South project covering an area of approximately 43 square kilometers located to the south of the Greenbushes mine.

See Also: Liquidity

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