Core Lithium (ASX:CXO) Insider Malcolm McComas Buys 285,715 Shares of Stock

Core Lithium Ltd (ASX:CXO) insider Malcolm McComas purchased 285,715 shares of the business’s stock in a transaction on Monday, September 29th. The shares were purchased at an average price of A$0.11 per share, with a total value of A$30,000.08.

Core Lithium Price Performance

The company has a debt-to-equity ratio of 1.38, a quick ratio of 7.54 and a current ratio of 2.63. The company has a market capitalization of $190.73 million, a price-to-earnings ratio of -0.92 and a beta of 1.53.

About Core Lithium

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, silver, uranium, lead, zinc, rare earth elements, and base metals. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory; and Shoobridge Lithium, Anningie and Barrow Creek Lithium, Blueys and Inkheart Lead/Silver, the Bynoe Gold, and Napperby uranium projects located in the Northern Territory.