Australian Vanadium Ltd (ASX:AVL) insider Vincent Algar sold 3,600,000 shares of the stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of A$0.02 ($0.01), for a total value of A$57,600.00 ($40,851.06).

AVL opened at A$0.01 ($0.01) on Friday. The firm has a market cap of $28.75 million and a price-to-earnings ratio of -7.00. The firm has a 50 day simple moving average of A$0.02. Australian Vanadium Ltd has a 12-month low of A$0.01 ($0.01) and a 12-month high of A$0.07 ($0.05).

About Australian Vanadium

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.