Lithium Ionic (CVE:LTH) Insider Michael Thomas Westendorf Acquires 45,490 Shares of Stock

Key Points

  • Insider purchase: Michael Thomas Westendorf bought 45,490 Lithium Ionic shares at an average C$0.66 each, investing C$30,023.40. His direct ownership increased 20.47% to 267,712 shares.
  • Stock performance: Lithium Ionic opened at C$0.65, with a 52-week range of C$0.36 to C$1.47. Its 50-day and 200-day moving averages were C$0.63 and C$0.88, respectively.
  • Company profile: Lithium Ionic has a market capitalization of approximately C$128.25 million, a negative price-to-earnings ratio of -13.00, and a beta of 1.94.

Lithium Ionic Corp. (CVE:LTH - Get Free Report) insider Michael Thomas Westendorf purchased 45,490 shares of the company's stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average price of C$0.66 per share, for a total transaction of C$30,023.40. Following the transaction, the insider directly owned 267,712 shares in the company, valued at C$176,689.92. This trade represents a 20.47% increase in their ownership of the stock.

Lithium Ionic Price Performance

LTH opened at C$0.65 on Friday. Lithium Ionic Corp. has a 52 week low of C$0.36 and a 52 week high of C$1.47. The business has a 50 day moving average price of C$0.63 and a two-hundred day moving average price of C$0.88. The company has a market cap of C$128.25 million, a PE ratio of -13.00 and a beta of 1.94.

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

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