David Palmer Buys 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 Provaris Energy stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$25,000.00 ($15,822.78).

Provaris Energy Price Performance

The firm has a market cap of $12.36 million, a price-to-earnings ratio of -2.84 and a beta of 0.74. The company has a debt-to-equity ratio of 125.48, a quick ratio of 13.95 and a current ratio of 1.23.

About Provaris Energy

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.