Insider Buying: Frontier Energy Limited (ASX:FHE) Insider Purchases A$215,923.80 in Stock

Frontier Energy Limited (ASX:FHE) insider Grant Davey bought 1,439,492 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were acquired at an average price of A$0.15 ($0.10) per share, with a total value of A$215,923.80 ($144,915.30).

Grant Davey also recently made the following trade(s):

• On Monday, October 7th, Grant Davey acquired 1,235,919 shares of Frontier Energy stock. The stock was bought at an average price of A$0.13 ($0.09) per share, with a total value of A$158,197.63 ($106,172.91).
• On Friday, October 4th, Grant Davey bought 3,000,000 shares of Frontier Energy stock. The shares were bought at an average price of A$0.12 ($0.08) per share, with a total value of A$351,000.00 ($235,570.47).

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.

Frontier Energy Company Profile

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.