Insider Buying: Galan Lithium Limited (ASX:GLN) Insider Buys 150,000 Shares of Stock

Galan Lithium Limited (ASX:GLN) insider Terry Gardiner bought 150,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was purchased at an average cost of A$0.11 ($0.07) per share, for a total transaction of A$16,200.00 ($10,253.16).

Galan Lithium Price Performance

The company has a quick ratio of 20.83, a current ratio of 0.43 and a debt-to-equity ratio of 0.38. The stock has a market cap of $98.56 million, a P/E ratio of -5.12 and a beta of 2.17.

Galan Lithium Company Profile

Galan Lithium Limited acquires, explores for, evaluates, and develops mineral projects. The company primarily explores for lithium and other deposits. It holds 100% interests in the Hombre Muerto West project that comprises seven concessions covering an area of approximately 11,600 hectares located in the Catamarca province in Argentina; and the Candelas comprises fourteen exploration permits project covering an area of 24,072 hectares located in the Catamarca province, Argentina.