Parex Resources Inc. (OTCMKTS:PARXF – Get Free Report)’s share price traded up 0.4% during trading on Friday . The stock traded as high as $19.04 and last traded at $18.93. 8,773 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 49,088 shares. The stock had previously closed at $18.85.
Parex Resources Stock Up 0.4%
The firm has a fifty day simple moving average of $19.35 and a 200 day simple moving average of $16.58.
Parex Resources Company Profile
Parex Resources Inc is a Canada-based exploration and production company primarily engaged in the acquisition, development and production of oil resources. The company holds a portfolio of prolific onshore blocks in Colombia, targeting both light and medium crude oil. Parex employs a strategic exploration approach, integrating seismic studies and advanced drilling techniques to optimize reservoir development and enhance recovery rates.
Headquartered in Calgary, Alberta, Parex has focused its operations on Colombia’s Llanos Basin and the Caguan and Putumayo basins.
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