Insider Buying: Elixir Energy Limited (ASX:EXR) Insider Purchases 1,000,000 Shares of Stock

Elixir Energy Limited (ASX:EXR) insider Neil Young acquired 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were purchased at an average cost of A$0.03 ($0.02) per share, with a total value of A$32,000.00 ($19,875.78).

Elixir Energy Stock Performance

The company has a current ratio of 1.88, a quick ratio of 19.22 and a debt-to-equity ratio of 11.85. The stock has a market capitalization of $45.48 million, a price-to-earnings ratio of -31.50 and a beta of 1.30.

About Elixir Energy

Elixir Energy Limited operates as a natural gas and hydrogen exploration and development company in Australia, Mongolia, and the United States. The company holds 100% interests in the Grandis gas project, a petroleum exploration permit covering an area of approximately 1,000 square kilometers located in Queensland, Australia; and Nomgon IX coal bed methane production sharing contract project covering an area of approximately 30,000 square kilometers situated in the South Gobi region, Mongolia.