Key Points
- On December 30, insider Peter Kucak sold 580,000 shares of International Lithium at an average price of C$0.03, generating total proceeds of C$17,400.
- Following the sale he still owns 35,420,836 shares, representing a 1.61% decrease in his ownership stake.
- International Lithium is a small-cap lithium explorer (market cap ~C$4.9 million) trading in a 1-year range of C$0.01–C$0.07 with recent prices around C$0.02–0.03 and a PE of 3.00.
International Lithium Corp. (CVE:ILC - Get Free Report) insider Peter Kucak sold 580,000 shares of the company's stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of C$0.03, for a total value of C$17,400.00. Following the sale, the insider owned 35,420,836 shares in the company, valued at approximately C$1,062,625.08. This represents a 1.61% decrease in their ownership of the stock.
International Lithium Stock Performance
International Lithium stock opened at C$0.02 on Thursday. International Lithium Corp. has a 1-year low of C$0.01 and a 1-year high of C$0.07. The company has a current ratio of 43.32, a quick ratio of 54.82 and a debt-to-equity ratio of 2.78. The firm has a market capitalization of C$4.90 million, a PE ratio of 3.00 and a beta of 0.19. The firm's 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02.
International Lithium Company Profile
(
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International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Canada, Zimbabwe, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company primarily focuses on the Raleigh Lake Lithium and Rubidium Project located in Canada and identifying additional properties in Canada and Zimbabwe. It also has an option agreement to acquire 90% interests in the Grass Roots Copper and Cobalt property located in Northwestern Ontario.
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