Parex Resources Inc. (TSE:PXT) insider Leo Nicholas Distefano sold 30,000 shares of the stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of C$13.95, for a total value of C$418,500.00.
Leo Nicholas Distefano also recently made the following trade(s):
- On Friday, February 9th, Leo Nicholas Distefano purchased 10,000 shares of Parex Resources stock. The shares were bought at an average cost of C$17.12 per share, for a total transaction of C$171,200.00.
Shares of Parex Resources Inc. (PXT) opened at C$17.87 on Wednesday. Parex Resources Inc. has a 12-month low of C$12.19 and a 12-month high of C$19.86. The company has a market capitalization of $2,780.00, a PE ratio of 14.07 and a beta of 0.68.
Several equities research analysts have weighed in on the company. Scotiabank set a C$28.00 price target on Parex Resources and gave the stock a “focus stock” rating in a research report on Tuesday, March 6th. Canaccord Genuity increased their price target on Parex Resources from C$22.00 to C$24.00 in a research report on Friday, February 9th. CIBC increased their price target on Parex Resources from C$22.50 to C$25.00 in a research report on Tuesday, January 23rd. Finally, Eight Capital increased their price target on Parex Resources from C$23.00 to C$30.00 in a research report on Monday, December 11th.
Parex Resources Company Profile
Parex Resources, Inc is a Canada-based oil and gas company. The Company is engaged in crude oil exploration, development and production in Colombia. The Company’s segments include Canada and Colombia. The Company, through its foreign subsidiaries, holds interests in onshore exploration and production blocks totaling approximately 1,870,120 gross acres.
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