Lake Resources (ASX:LKE) Insider Acquires A$179,033.01 in Stock

Lake Resources NL (ASX:LKE) insider David Dickson bought 4,711,395 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were bought at an average price of A$0.04 per share, with a total value of A$179,033.01.

David Dickson also recently made the following trade(s):

• On Friday, November 7th, David Dickson acquired 1,482,857 shares of Lake Resources stock. The shares were purchased at an average price of A$0.03 per share, for a total transaction of A$50,417.14.
• On Monday, November 10th, David Dickson bought 2,792,493 shares of Lake Resources stock. The stock was purchased at an average price of A$0.04 per share, with a total value of A$100,529.75.
• On Friday, September 19th, David Dickson sold 75,878 shares of Lake Resources stock. The stock was sold at an average price of A$0.03, for a total value of A$2,276.34.
• On Friday, September 19th, David Dickson bought 250,000 shares of Lake Resources stock. The shares were acquired at an average cost of A$0.03 per share, for a total transaction of A$7,500.00.

Lake Resources Price Performance

The company has a debt-to-equity ratio of 1.55, a current ratio of 1.36 and a quick ratio of 37.35. The firm has a market capitalization of $68.14 million, a P/E ratio of -1.16 and a beta of 0.46.

About Lake Resources

Lake Resources NL explores for and develops lithium brine projects in Argentina, Australia, and the United States. The company's flagship project is the Kachi lithium brine project located in Catamarca province, Argentina. It also explores for minerals. Lake Resources NL was incorporated in 1997 and is based in Sydney, Australia.