Prospex Oil and Gas (PXOG) Given Speculative Buy Rating at Beaufort Securities

Beaufort Securities reissued their speculative buy rating on shares of Prospex Oil and Gas (LON:PXOG) in a report issued on Wednesday.

Shares of Prospex Oil and Gas (PXOG) traded down GBX 0.32 ($0.00) on Wednesday, reaching GBX 0.57 ($0.01). 96,359,687 shares of the company’s stock traded hands, compared to its average volume of 90,670,000. Prospex Oil and Gas has a fifty-two week low of GBX 0.29 ($0.00) and a fifty-two week high of GBX 3.03 ($0.04).

Prospex Oil and Gas (LON:PXOG) last released its quarterly earnings data on Wednesday, September 27th. The company reported GBX (0.70) (($0.01)) EPS for the quarter.

In related news, insider James Smith bought 4,000,000 shares of Prospex Oil and Gas stock in a transaction that occurred on Thursday, November 30th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, with a total value of £40,000 ($53,835.80).

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About Prospex Oil and Gas

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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