Australian Vanadium Ltd (ASX:AVL) Insider Acquires A$35,000.00 in Stock

Australian Vanadium Ltd (ASX:AVL) insider Daniel Harris bought 2,500,000 shares of Australian Vanadium stock in a transaction on Monday, July 8th. The shares were acquired at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$35,000.00 ($24,822.70).

AVL remained flat at $A$0.01 ($0.01) during trading on Tuesday. 3,098,317 shares of the company’s stock were exchanged, compared to its average volume of 11,820,000. Australian Vanadium Ltd has a 52-week low of A$0.01 ($0.01) and a 52-week high of A$0.07 ($0.05). The stock has a market cap of $28.75 million and a PE ratio of -7.00. The business’s 50 day simple moving average is A$0.02.

Australian Vanadium Limited engages in the mineral exploration activities in Australia. It explores for vanadium/titanium, uranium, and other economic resources. The company’s flagship property is the 100% owned Gabanintha project located in Western Australia. It also manufactures and sells vanadium redox flow battery systems.