Insider Buying: Frontier Energy Limited (ASX:FHE) Insider Purchases 1,235,919 Shares of Stock

Frontier Energy Limited (ASX:FHE) insider Grant Davey bought 1,235,919 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was purchased at an average price of A$0.13 ($0.09) per share, with a total value of A$158,197.63 ($106,890.29).

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

• On Friday, October 4th, Grant Davey acquired 3,000,000 shares of Frontier Energy stock. The stock was purchased at an average cost of A$0.12 ($0.08) per share, with a total value of A$351,000.00 ($237,162.16).

Frontier Energy Price Performance

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.