Insider Buying: Lithium Ionic (CVE:LTH) Director Buys 50,000 Shares

Lithium Ionic Corp. (CVE:LTH - Get Free Report) Director Ian Pritchard purchased 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average cost of C$0.54 per share, for a total transaction of C$27,000.00. Following the purchase, the director owned 60,000 shares of the company's stock, valued at C$32,400. This represents a 500.00% increase in their ownership of the stock.

Lithium Ionic Price Performance

Shares of LTH stock opened at C$0.60 on Thursday. The company has a market cap of C$118.38 million, a PE ratio of -20.00 and a beta of 1.74. The stock's 50 day simple moving average is C$0.67 and its two-hundred day simple moving average is C$0.92. Lithium Ionic Corp. has a 1 year low of C$0.36 and a 1 year high of C$1.47.

Lithium Ionic Corp. is a materials company in the Diversified Metals & Mining industry.

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