Prospex Oil and Gas PLC (PXOG) Insider James Smith Purchases 4,000,000 Shares

Prospex Oil and Gas PLC (LON:PXOG) insider James Smith acquired 4,000,000 shares of the stock in a transaction on Thursday, November 30th. The stock was bought at an average cost of GBX 1 ($0.01) per share, with a total value of £40,000 ($53,835.80).

Prospex Oil and Gas PLC (LON:PXOG) traded down GBX 0.02 ($0.00) during mid-day trading on Monday, hitting GBX 0.53 ($0.01). 15,439,321 shares of the stock traded hands, compared to its average volume of 105,840,000. Prospex Oil and Gas PLC 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 issued its quarterly earnings data on Wednesday, September 27th. The company reported GBX (0.70) (($0.01)) earnings per share (EPS) for the quarter.

Separately, Beaufort Securities restated a “speculative buy” rating on shares of Prospex Oil and Gas in a research note on Tuesday, October 31st.

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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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