Insider Selling: Century Lithium (CVE:LCE) Director Sells 100,000 Shares of Stock

Key Points

• James Gaydon Pettit, a director at Century Lithium Corp., sold 100,000 shares at C$0.31 each, amounting to a total of C$31,000.
• Post-sale, Pettit's stake in the company decreased by 10.67%, leaving him with 837,100 shares valued approximately at C$259,501.
• Century Lithium's stock is currently priced at C$0.32, with a market cap of C$53.17 million and a price-to-earnings ratio of -16.00.

Century Lithium Corp. (CVE:LCE - ) Director James Gaydon Pettit sold 100,000 shares of the firm's stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of C$0.31, for a total transaction of C$31,000.00. Following the sale, the director directly owned 837,100 shares in the company, valued at approximately C$259,501. The trade was a 10.67% decrease in their position.

Century Lithium Stock Performance

LCE stock traded down C$0.02 during midday trading on Friday, reaching C$0.32. 207,525 shares of the company were exchanged, compared to its average volume of 147,392. The stock's 50-day simple moving average is C$0.28 and its 200 day simple moving average is C$0.32. The company has a market cap of C$53.17 million, a price-to-earnings ratio of -16.00 and a beta of 1.26. Century Lithium Corp. has a 1-year low of C$0.17 and a 1-year high of C$0.52.

Century Lithium Company Profile

Century Lithium Corp. engages in the acquisition, exploration, evaluation, and development of resource properties in the United States. It primarily explores for lithium. The company holds 100% interests in Clayton Valley project located in southwest Nevada; Dean lithium property in Clayton Valley, Nevada; Glory lithium property in Clayton Valley; and Gunman Project, White Pine Claims, Nevada, as well as interest in Enertopia Project.

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