Ronald Douglas Miller Purchases 3,100 Shares of Parex Resources Inc. (PXT) Stock

Parex Resources Inc. (CVE:PXT) Director Ronald Douglas Miller purchased 3,100 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average cost of C$17.00 per share, with a total value of C$52,700.00.

Parex Resources Inc. has a 52-week low of C$5.66 and a 52-week high of C$9.65.

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A number of analysts recently weighed in on the stock. Eight Capital lowered their price target on shares of Parex Resources from C$24.50 to C$22.00 in a report on Wednesday, September 27th. Scotiabank raised their price target on shares of Parex Resources from C$23.00 to C$24.00 and gave the company a “focus stock” rating in a report on Wednesday, November 8th. Finally, Royal Bank Of Canada raised their price target on shares of Parex Resources from C$20.00 to C$24.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$22.19.

Parex Resources Company Profile

Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas in South America. It holds interests in onshore exploration and production blocks totaling approximately 2,091,404 gross acres in Colombia. The company has proved plus probable reserves of 41.1 million barrels of oil equivalent.

Insider Buying and Selling by Quarter for Parex Resources (CVE:PXT)

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