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

Provaris Energy Ltd (ASX:PV1) insider David Palmer purchased 1,250,000 shares of the business’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, for a total transaction of A$25,000.00 ($15,822.78).

Provaris Energy Stock Performance

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

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.