Elixir Energy (ASX:EXR) Insider Stuart Nicholls Purchases 1,108,666 Shares of Stock

Elixir Energy Limited (ASX:EXRGet Free Report) insider Stuart Nicholls purchased 1,108,666 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were purchased at an average cost of A$0.05 per share, for a total transaction of A$49,889.97.

Elixir Energy Stock Performance

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

About Elixir Energy

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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.

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