David Palmer Acquires 1,250,000 Shares of Provaris Energy Ltd (ASX:PV1) Stock

Provaris Energy Ltd (ASX:PV1) insider David Palmer bought 1,250,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of A$0.02 ($0.01) per share, with a total value of A$25,000.00 ($15,723.27).

Provaris Energy Stock Performance

The firm has a market capitalization of $12.36 million, a P/E ratio of -2.84 and a beta of 0.74. The company has a quick ratio of 13.95, a current ratio of 1.23 and a debt-to-equity ratio of 125.48.

Provaris Energy Company Profile

Provaris Energy Ltd engages in the development of hydrogen production and export projects in Australia and internationally. The company owns 100% interest in the Tiwi Islands Hydrogen Export project located in the Northern Territory, Australia. It also develops compressed hydrogen storage and transportation solutions.