Parex Resources Inc. (OTCMKTS:PARXF – Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.76 and traded as low as $9.39. Parex Resources shares last traded at $9.52, with a volume of 21,123 shares traded.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada reissued a “sector perform” rating on shares of Parex Resources in a report on Thursday, March 6th.
View Our Latest Stock Report on Parex Resources
Parex Resources Trading Up 0.8 %
Parex Resources Company Profile
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1.
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