Beaufort Securities reaffirmed their speculative buy rating on shares of Prospex Oil and Gas (LON:PXOG) in a report published on Friday.

Prospex Oil and Gas (PXOG) opened at GBX 0.59 ($0.01) on Friday. Prospex Oil and Gas has a twelve month low of GBX 0.29 ($0.00) and a twelve month high of GBX 0.98 ($0.01). The firm has a market cap of $6.23 and a PE ratio of -59.40.

In other news, insider James Smith purchased 4,000,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction 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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