Insider Buying: Lithium Ionic (CVE:LTH) Director Buys C$52,000.00 in Stock

Lithium Ionic Corp. (CVE:LTHGet Free Report) Director Blake Hylands purchased 80,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average cost of C$0.65 per share, for a total transaction of C$52,000.00. Following the completion of the transaction, the director owned 403,666 shares in the company, valued at approximately C$262,382.90. This represents a 24.72% increase in their ownership of the stock.

Lithium Ionic Stock Up 3.1%

Lithium Ionic stock opened at C$0.66 on Friday. The company has a market capitalization of C$130.22 million, a P/E ratio of -13.20 and a beta of 1.94. The stock’s 50 day moving average is C$0.64 and its 200 day moving average is C$0.89. Lithium Ionic Corp. has a twelve month low of C$0.36 and a twelve month high of C$1.47.

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

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