Insider Buying: Galan Lithium (ASX:GLN) Insider Purchases 678,618 Shares of Stock

Galan Lithium Limited (ASX:GLN) insider Juan Pablo de la Vega acquired 678,618 shares of the stock in a transaction on Thursday, November 27th. The stock was bought 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 current ratio of 0.43, a quick ratio of 20.83 and a debt-to-equity ratio of 0.38. The firm has a market cap of $98.56 million, a price-to-earnings 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.