Insider Buying: Lake Resources (ASX:LKE) Insider Buys 4,711,395 Shares of Stock

Lake Resources NL (ASX:LKE) insider David Dickson bought 4,711,395 shares of Lake Resources stock in a transaction dated Tuesday, November 11th. The stock was purchased at an average price of A$0.04 per share, with a total value of A$179,033.01.

David Dickson also recently made the following trade(s):

• On Friday, November 7th, David Dickson purchased 1,482,857 shares of Lake Resources stock. The shares were purchased at an average price of A$0.03 per share, for a total transaction of A$50,417.14.
• On Monday, November 10th, David Dickson acquired 2,792,493 shares of Lake Resources stock. The stock was purchased at an average cost of A$0.04 per share, with a total value of A$100,529.75.
• On Friday, September 19th, David Dickson sold 75,878 shares of Lake Resources stock. The shares were sold at an average price of A$0.03, for a total transaction of A$2,276.34.
• On Friday, September 19th, David Dickson bought 250,000 shares of Lake Resources stock. The stock was acquired at an average cost of A$0.03 per share, with a total value of A$7,500.00.

Lake Resources Stock Performance

The stock has a market cap of $68.14 million, a P/E ratio of -1.16 and a beta of 0.46. The company has a quick ratio of 37.35, a current ratio of 1.36 and a debt-to-equity ratio of 1.55.

About Lake Resources

Lake Resources NL explores for and develops lithium brine projects in Argentina, Australia, and the United States. The company's flagship project is the Kachi lithium brine project located in Catamarca province, Argentina. It also explores for minerals. Lake Resources NL was incorporated in 1997 and is based in Sydney, Australia.