Global Lithium Resources Limited (ASX:GL1) Insider Buys A$64,124.39 in Stock

Global Lithium Resources Limited (ASX:GL1) insider Dianmin Chen bought 328,843 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was acquired at an average cost of A$0.20 ($0.12) per share, for a total transaction of A$64,124.39 ($40,077.74).

Global Lithium Resources Stock Performance

The company has a current ratio of 9.64, a quick ratio of 9.13 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $62.82 million, a P/E ratio of -24,138.14 and a beta of 0.60.

Global Lithium Resources Company Profile

Global Lithium Resources Limited engages in the evaluation, exploration, and development of lithium resources in Australia. The company holds 100% interest in the Marble Bar Lithium project located in the Pilbara, Western Australia. It also holds 100% interest in the exploration and future mining rights to lithium and lithium associated co-mineral rights in the Manna Lithium project located in the Goldfields, Western Australia.