Elixir Energy Limited (ASX:EXR) Insider Stuart Nicholls Acquires 3,500,000 Shares

Elixir Energy Limited (ASX:EXRGet Free Report) insider Stuart Nicholls bought 3,500,000 shares of Elixir Energy stock in a transaction dated Wednesday, May 14th. The shares were acquired at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$101,500.00 ($65,064.10).

Elixir Energy Price Performance

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

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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