Frontier Lithium (CVE:FL) Insider Purchases C$12,431.73 in Stock

Frontier Lithium Inc. (CVE:FL) insider Trevor Walker purchased 28,911 shares of the firm’s stock in a transaction on Tuesday, July 21st. The stock was acquired at an average price of C$0.43 per share, for a total transaction of C$12,431.73. Following the transaction, the insider owned 465,343 shares of the company’s stock, valued at C$200,097.49. The trade was a 6.62% increase in their position.

Trevor Walker also recently made the following trade(s):

• On Wednesday, July 22nd, Trevor Walker acquired 27,777 shares of Frontier Lithium stock. The shares were bought at an average price of C$0.45 per share, with a total value of C$12,499.65.

Frontier Lithium Price Performance

Shares of FL traded down C$0.01 during trading hours on Thursday, hitting C$0.42. 33,827 shares of the company were exchanged, compared to its average volume of 281,714. The company has a debt-to-equity ratio of -42.85, a current ratio of 0.30 and a quick ratio of 5.19. The company has a market capitalization of C$106.49 million, a PE ratio of -8.50 and a beta of 0.82. The firm has a fifty day simple moving average of C$0.49 and a 200-day simple moving average of C$0.70. Frontier Lithium Inc. has a one year low of C$0.40 and a one year high of C$1.18.

About Frontier Lithium

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. Frontier Lithium Inc also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.