Insider Buying: Galan Lithium (ASX:GLN) Insider Acquires 581,673 Shares of Stock

Galan Lithium Limited (ASX:GLN) insider Juan Pablo de la Vega acquired 581,673 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The shares were acquired at an average price of A$0.44 per share, with a total value of A$255,936.12.

Juan Pablo de la Vega also recently made the following trade(s):

• On Thursday, November 27th, Juan Pablo de la Vega bought 678,618 shares of Galan Lithium stock. The stock was acquired at an average price of A$0.24 per share, for a total transaction of A$162,868.32.

Galan Lithium Stock Performance

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

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. The company also holds 80% interest in the Greenbushes South lithium project covering an area of approximately 315 square kilometers located to the south of the Greenbushes mine.