Grant Davey Acquires 419,073 Shares of Frontier Energy (ASX:FHE) Stock

Frontier Energy Limited (ASX:FHE) insider Grant Davey purchased 419,073 shares of the firm’s stock in a transaction dated Thursday, October 16th. The stock was acquired at an average cost of A$0.27 per share, for a total transaction of A$113,987.86.

Frontier Energy Stock Performance

The company has a current ratio of 1.18, a quick ratio of 7.78 and a debt-to-equity ratio of 0.06. The company has a market cap of $61.81 million, a PE ratio of -28.95 and a beta of 0.45.

About Frontier Energy

Frontier Energy Limited, a renewable energy company, engages in the development of a large scale integrated renewable energy facility in Australia. It develops the Bristol Springs solar project located in the southeast of Perth, Western Australia; and the Waroona Solar project that comprises 868 hectares located near the town of Waroona in the South West of Western Australia.