Insider Buying: Critical Elements Lithium (CVE:CRE) Director Purchases C$30,000.00 in Stock

Critical Elements Lithium Co. (CVE:CRE) Director Ani Andreeva Markova bought 75,000 shares of Critical Elements Lithium stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average price of C$0.40 per share, with a total value of C$30,000.00. Following the completion of the purchase, the director owned 75,500 shares in the company, valued at approximately C$30,200. The trade was a 15,000.00% increase in their position.

Critical Elements Lithium Stock Performance

Critical Elements Lithium stock opened at C$0.40 on Friday. The stock has a market cap of C$91.66 million, a P/E ratio of -13.17 and a beta of -0.74. The company has a current ratio of 8.30, a quick ratio of 11.23 and a debt-to-equity ratio of 0.05. The stock has a 50 day moving average of C$0.42 and a 200-day moving average of C$0.42. Critical Elements Lithium Co. has a 52 week low of C$0.33 and a 52 week high of C$0.58.

About Critical Elements Lithium

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, platinum group, and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 244.99 square kilometers located in the Eastmain greenstone belt. The company was formerly known as Critical Elements Corporation and changed its name to Critical Elements Lithium Corporation in June 2019.