Insider Buying: Zinnwald Lithium Plc (LON:ZNWD) Insider Acquires 337,792 Shares of Stock

Zinnwald Lithium Plc (LON:ZNWD) insider Cherif Rifaat purchased 337,792 shares of Zinnwald Lithium stock in a transaction dated Friday, April 12th. The shares were acquired at an average cost of GBX 6 ($0.08) per share, with a total value of £20,267.52 ($25,651.84).

Cherif Rifaat also recently made the following trade(s):

• On Wednesday, April 10th, Cherif Rifaat sold 337,792 shares of Zinnwald Lithium stock. The shares were sold at an average price of GBX 6 ($0.08), for a total transaction of £20,267.52 ($25,651.84).

Zinnwald Lithium Price Performance

LON ZNWD opened at GBX 5.85 ($0.07) on Friday. Zinnwald Lithium Plc has a 52 week low of GBX 5.30 ($0.07) and a 52 week high of GBX 16 ($0.20). The firm has a market capitalization of £27.76 million, a P/E ratio of -585.00 and a beta of 0.89. The company has a quick ratio of 49.79, a current ratio of 9.69 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of GBX 6.21 and a 200-day moving average price of GBX 7.21.

Zinnwald Lithium Company Profile

Zinnwald Lithium Plc operates as a mineral exploration and development company in the United Kingdom, Ireland, and Germany. The company's flagship project is the Zinnwald Lithium project covering an area of 256.5 hectare located in southeast Germany. The company was formerly known as Erris Resources Plc and changed its name to Zinnwald Lithium Plc in October 2020.