Parex Resources Inc. (OTCMKTS:PARXF – Get Free Report)’s share price dropped 1.3% during trading on Friday . The company traded as low as $9.19 and last traded at $9.21. Approximately 83,756 shares traded hands during trading, an increase of 21% from the average daily volume of 69,403 shares. The stock had previously closed at $9.33.
Parex Resources Stock Down 1.3 %
The company’s fifty day moving average price is $9.55 and its two-hundred day moving average price is $13.51.
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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