GMP FirstEnergy Keeps Their Buy Rating on Parex Resources Inc (PARXF)


According to The Fly, in a report released today, Stephen Harris from GMP FirstEnergy reiterated a Buy rating on Parex Resources Inc (PARXF). The company’s shares closed on Friday at $12.13, equals to its 52-week low of $12.13.

According to TipRanks.com, Harris is ranked #1341 out of 5129 analysts.

The the analyst consensus on Parex Resources Inc is currently a Moderate Buy rating.

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Parex Resources Inc’s market cap is currently $1.88B and has a P/E ratio of 4.66. The company has a Price to Book ratio of 1.54.

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Parex Resources, Inc. operates as an oil and gas company, which engages in the exploration, development and production of crude oil in Colombia. Its operating reserves include, Llanos, and lower and middle Magdalena. The company was founded on August 17, 2009 and is headquartered in Calgary, Canada.

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