European Lithium (ASX:EUR) Insider Michael Carter Purchases 5,335,298 Shares

European Lithium Limited (ASX:EUR) insider Michael Carter purchased 5,335,298 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average price of A$0.08 per share, for a total transaction of A$426,823.84.

European Lithium Price Performance

The company has a quick ratio of 44.45, a current ratio of 0.15 and a debt-to-equity ratio of 32.44. The firm has a market capitalization of $75.54 million, a price-to-earnings ratio of -0.35 and a beta of 1.79.

European Lithium Company Profile

European Lithium Limited explores for and develops lithium deposits in Austria and Australia. The company focuses on the development of the Wolfsberg lithium project that consists of various original and overlapping exploration licenses, and a mining license covering various mining areas located in Carinthia.