Ian Middlemas Buys 750,000 Shares of Salt Lake Potash Ltd (SO4) Stock

Salt Lake Potash Ltd (ASX:SO4) insider Ian Middlemas acquired 750,000 shares of the stock in a transaction dated Wednesday, January 9th. The stock was acquired at an average price of A$0.42 ($0.30) per share, for a total transaction of A$315,000.00 ($223,404.26).

Shares of Salt Lake Potash stock traded up A$0.01 ($0.01) during trading on Friday, reaching A$0.45 ($0.32). The company’s stock had a trading volume of 31,521 shares, compared to its average volume of 213,944. Salt Lake Potash Ltd has a 52 week low of A$0.34 ($0.24) and a 52 week high of A$0.62 ($0.44). The company has a debt-to-equity ratio of 0.72, a current ratio of 3.51 and a quick ratio of 3.51.

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About Salt Lake Potash

Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. The company explores for sulphate of potash deposits. It primarily holds interests in Goldfield Salt Lakes project located in the northern goldfields of Western Australia. The company was formerly known as Wildhorse Energy Limited and changed its name to Salt Lake Potash Limited in November 2015.

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