Parex Resources Inc. (OTCMKTS:PARXF – Get Free Report) was down 0.6% during trading on Tuesday . The company traded as low as $9.27 and last traded at $9.44. Approximately 6,658 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 65,462 shares. The stock had previously closed at $9.50.
Parex Resources Stock Performance
The company’s 50 day moving average is $9.98 and its 200 day moving average is $11.98.
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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