Insider Selling: International Lithium Corp. (CVE:ILC) Director Sells 383,000 Shares of Stock

International Lithium Corp. (CVE:ILCGet Rating) Director John Michael Wisbey sold 383,000 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of C$0.05, for a total value of C$19,150.00. Following the sale, the director now directly owns 19,628,704 shares in the company, valued at C$981,435.20.

CVE:ILC traded up C$0.01 on Friday, reaching C$0.10. 49,204 shares of the company’s stock traded hands, compared to its average volume of 228,716. The company has a quick ratio of 3.59, a current ratio of 3.60 and a debt-to-equity ratio of 37.84. The stock has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.11. The firm has a market cap of C$23.59 million and a PE ratio of 2.13. International Lithium Corp. has a 12 month low of C$0.05 and a 12 month high of C$0.15.

International Lithium Company Profile (Get Rating)

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Argentina, Canada, and Ireland. The company primarily explores for lithium-potash and rare metal deposits. It holds interest in the Mariana lithium-potash brine project covering an area of 160 square kilometers located in Salta, Argentina.

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