Vincent Algar Sells 3,600,000 Shares of Australian Vanadium Ltd (ASX:AVL) Stock

Australian Vanadium Ltd (ASX:AVL) insider Vincent Algar sold 3,600,000 shares of Australian Vanadium 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 stock opened at A$0.02 ($0.01) on Friday. The company has a market capitalization of $30.81 million and a P/E ratio of -7.50. The company has a 50-day moving average price of A$0.02. Australian Vanadium Ltd has a 1-year low of A$0.01 ($0.01) and a 1-year high of A$0.07 ($0.05).

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.