Salt Lake Potash Ltd (ASX:SO4) Insider Tony Swiericzuk Purchases 363,053 Shares

Salt Lake Potash Ltd (ASX:SO4) insider Tony Swiericzuk bought 363,053 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average cost of A$0.36 ($0.25) per share, with a total value of A$128,883.82 ($91,406.96).

SO4 traded up A$0.02 ($0.01) during trading on Thursday, reaching A$0.35 ($0.25). 216,025 shares of the company’s stock were exchanged, compared to its average volume of 213,944. The company’s fifty day moving average price is A$0.53 and its 200-day moving average price is A$0.72. The company has a debt-to-equity ratio of 103.71, a quick ratio of 0.62 and a current ratio of 0.62. Salt Lake Potash Ltd has a fifty-two week low of A$0.30 ($0.21) and a fifty-two week high of A$0.95 ($0.67). The firm has a market capitalization of $101.60 million and a PE ratio of -2.36.

Salt Lake Potash Company Profile

Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. The company explores for sulphate of potash deposits. It primarily holds interests in Goldfield Salt Lakes project located in the northern goldfields of Western Australia. The company was formerly known as Wildhorse Energy Limited and changed its name to Salt Lake Potash Limited in November 2015.

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