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

Global Lithium Resources Limited (ASX:GL1) insider Dianmin Chen purchased 328,843 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of A$0.20 ($0.12) per share, with a total value of A$64,124.39 ($38,863.26).

Global Lithium Resources Price Performance

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

About Global Lithium Resources

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.