Insider Buying: Frontier Energy (ASX:FHE) Insider Acquires 318,550 Shares of Stock

Frontier Energy Limited (ASX:FHE) insider Christopher (Chris) Bath acquired 318,550 shares of the firm’s stock in a transaction on Tuesday, December 30th. The stock was purchased at an average cost of A$0.24 per share, for a total transaction of A$76,452.00.

Frontier Energy Price Performance

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

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. The company was formerly known as Superior Lake Resources Limited and changed its name to Frontier Energy Limited in January 2022.