Insider Buying: European Lithium (ASX:EUR) Insider Purchases A$426,823.84 in Stock

European Lithium Limited (ASX:EUR) insider Michael Carter purchased 5,335,298 shares of European Lithium stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average price of A$0.08 per share, with a total value of A$426,823.84.

European Lithium Stock Performance

The company has a debt-to-equity ratio of 32.44, a quick ratio of 44.45 and a current ratio of 0.15. The company has a market capitalization of $75.54 million, a price-to-earnings ratio of -0.35 and a beta of 1.79.

About European Lithium

European Lithium Limited explores for and develops lithium deposits in Austria and Australia. The company focuses on the development of the Wolfsberg lithium project that consists of various original and overlapping exploration licenses, and a mining license covering various mining areas located in Carinthia.