Australia's Provaris Energy jumps most in over 3 weeks on green hydrogen deal

Provaris Energy

12/01/2023 24:18

** Shares of Provaris Energy Ltd  PV1.AX  jump as much as
9.1% to A$0.048, biggest intraday pct gain since Dec 20
    ** The compressed hydrogen projects developer says it has
executed a memorandum of understanding (MoU) with Norwegian
Hydrogen AS 
    ** Says MoU to collaborate on the development on green
hydrogen value chain projects in the Nordics
    ** Shares touch their highest level since Dec 22
    ** PV1 stock fell 58.2% in 2022
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))