Prospex Oil and Gas (PXOG) Stock Rating Reaffirmed by Beaufort Securities

Prospex Oil and Gas (LON:PXOG)‘s stock had its “speculative buy” rating reaffirmed by Beaufort Securities in a research note issued to investors on Friday.

Prospex Oil and Gas (LON:PXOG) remained flat at $GBX 0.60 ($0.01) during midday trading on Friday. 81,914,568 shares of the company’s stock traded hands, compared to its average volume of 61,680,000. Prospex Oil and Gas has a 12-month low of GBX 0.29 ($0.00) and a 12-month high of GBX 0.98 ($0.01). The company has a market cap of $6.07 and a price-to-earnings ratio of -60.00.

In other news, insider James Smith acquired 4,000,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £40,000 ($54,244.64).

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Prospex Oil and Gas Company Profile

Prospex Oil and Gas Plc, formerly Premier Gold Resources Plc, is a United Kingdom-based investment company. The Company invests in and/or acquires companies and/or projects within the natural resources and/or energy sector with potential for growth and/or income. The Company may also directly apply for new exploration licenses or invest in existing licenses.

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