Prospera Energy (CVE:GXR) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Prospera Energy Inc. (CVE:GXRGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.06 and traded as high as C$0.07. Prospera Energy shares last traded at C$0.07, with a volume of 18,633 shares traded.

Prospera Energy Trading Up 18.2%

The stock has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07.

Insider Activity at Prospera Energy

In other Prospera Energy news, Director Christopher Douglas Moore acquired 1,087,857 shares of the firm’s stock in a transaction that occurred on Friday, June 20th. The shares were acquired at an average cost of C$0.04 per share, for a total transaction of C$40,577.07. In the last 90 days, insiders have bought 2,770,999 shares of company stock valued at $97,454.

Prospera Energy Company Profile

(Get Free Report)

Georox Resources Inc, a natural resources company, acquires, explores for, and develops petroleum and natural gas properties primarily in Western Canada. It primarily holds interests in the Silverdale, Pouce Coupe, and Red Earth properties. The company was formerly known as Oromonte Resources Inc and changed its name to Georox Resources Inc in August 2008.

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