Frontier Lithium (CVE:FL) Director Sells C$89,140.15 in Stock

Key Points

• Director Marian Koziol sold 175,128 shares of Frontier Lithium, resulting in a total transaction value of C$89,140.15, marking a 14.24% decrease in their ownership position.
• Frontier Lithium's stock is currently trading at C$0.48, down 2.1%, with a 52-week range between C$0.39 and C$0.83.
• BMO Capital Markets set a price objective of C$0.75 for the stock, which carries a current average rating of "Hold" and a target price of C$1.63 according to analysts.

Frontier Lithium Inc. (CVE:FL - Get Free Report) Director Marian Koziol sold 175,128 shares of Frontier Lithium stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of C$0.51, for a total transaction of C$89,140.15. Following the completion of the transaction, the director owned 1,054,872 shares in the company, valued at approximately C$536,929.85. This trade represents a 14.24% decrease in their position.

Frontier Lithium Trading Down 2.1%

CVE FL traded down C$0.01 on Tuesday, hitting C$0.48. 18,093 shares of the stock were exchanged, compared to its average volume of 107,736. Frontier Lithium Inc. has a 52-week low of C$0.39 and a 52-week high of C$0.83. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.15 and a quick ratio of 5.19. The company has a market capitalization of C$108.80 million, a price-to-earnings ratio of -7.92 and a beta of 1.17. The company's 50-day moving average price is C$0.52 and its two-hundred day moving average price is C$0.55.

Analyst Ratings Changes

Separately, BMO Capital Markets set a C$0.75 price objective on shares of Frontier Lithium and gave the stock a "market perform" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of C$1.63.

About Frontier Lithium

Frontier Lithium Inc engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,415 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada.

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