Lithium Ionic (CVE:LTH) Director Blake Hylands Buys 80,000 Shares

Key Points

  • Director Blake Hylands bought 80,000 Lithium Ionic shares at an average price of C$0.65, investing C$52,000 and increasing his ownership by 24.72% to 403,666 shares.
  • Lithium Ionic shares opened at C$0.64 after declining 3.0%; the stock trades below its 200-day moving average of C$0.89 and has a 52-week range of C$0.36 to C$1.47.
  • The company has a market capitalization of approximately C$126.27 million and a negative price-to-earnings ratio of -12.80.

Lithium Ionic Corp. (CVE:LTH - Get Free Report) Director Blake Hylands acquired 80,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average cost of C$0.65 per share, with a total value of C$52,000.00. Following the transaction, the director owned 403,666 shares in the company, valued at approximately C$262,382.90. The trade was a 24.72% increase in their ownership of the stock.

Lithium Ionic Stock Down 3.0%

LTH opened at C$0.64 on Friday. The company's 50-day moving average price is C$0.64 and its 200 day moving average price is C$0.89. Lithium Ionic Corp. has a fifty-two week low of C$0.36 and a fifty-two week high of C$1.47. The firm has a market cap of C$126.27 million, a price-to-earnings ratio of -12.80 and a beta of 1.94.

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Lithium Ionic?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Lithium Ionic and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles