Insider Buying: Frontier Lithium (CVE:FL) Insider Purchases C$12,431.73 in Stock

Frontier Lithium Inc. (CVE:FL) insider Trevor Walker acquired 28,911 shares of the stock in a transaction dated Tuesday, July 21st. The stock was bought at an average price of C$0.43 per share, for a total transaction of C$12,431.73. Following the completion of the purchase, the insider owned 465,343 shares in the company, valued at approximately C$200,097.49. This trade represents a 6.62% increase in their position.

Trevor Walker also recently made the following trade(s):

• On Wednesday, July 22nd, Trevor Walker bought 27,777 shares of Frontier Lithium stock. The stock was bought at an average cost of C$0.45 per share, with a total value of C$12,499.65.

Frontier Lithium Price Performance

Frontier Lithium stock opened at C$0.43 on Friday. The company has a debt-to-equity ratio of -42.85, a current ratio of 0.30 and a quick ratio of 5.19. The company has a market capitalization of C$107.74 million, a PE ratio of -8.60 and a beta of 0.82. Frontier Lithium Inc. has a one year low of C$0.40 and a one year high of C$1.18. The business has a 50 day simple moving average of C$0.49 and a 200 day simple moving average of C$0.70.

Frontier Lithium Company Profile

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.