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Parex Resources Inc. (OTCMKTS:PARXF) Short Interest Update

Parex Resources Inc. (OTCMKTS:PARXF – Get Rating) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 4,337,400 shares, a decline of 26.3% from the March 15th total of 5,885,100 shares. Based on an average trading volume of 7,200 shares, the days-to-cover ratio is […] ....

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Parex Resources (OTCMKTS:PARXF) Trading Up 5.5%

Parex Resources Inc. (OTCMKTS:PARXF – Get Rating) shares were up 5.5% during trading on Monday . The company traded as high as $19.80 and last traded at $19.51. Approximately 6,336 shares were traded during trading, a decline of 76% from the average daily volume of 26,878 shares. The stock had previously closed at $18.49. Analyst […] ....

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Stifel Nicolaus Cuts Parex Resources (OTCMKTS:PARXF) Price Target to C$39.00

Parex Resources (OTCMKTS:PARXF – Get Rating) had its target price lowered by equities researchers at Stifel Nicolaus from C$42.00 to C$39.00 in a research report issued on Thursday, The Fly reports. Separately, Scotiabank lifted their target price on shares of Parex Resources from C$37.00 to C$38.00 in a report on Wednesday, June 8th. Parex Resources […] ....

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Short Interest in Parex Resources Inc. (OTCMKTS:PARXF) Increases By 63.2%

Parex Resources Inc. (OTCMKTS:PARXF – Get Rating) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 768,500 shares, an increase of 63.2% from the April 15th total of 470,800 shares. Based on an average trading volume of 7,800 shares, the […] ....

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Scotiabank Boosts Parex Resources (OTCMKTS:PARXF) Price Target to C$37.00

Parex Resources (OTCMKTS:PARXF – Get Rating) had its target price upped by analysts at Scotiabank from C$36.00 to C$37.00 in a research note issued on Monday, The Fly reports. A number of other equities research analysts have also weighed in on the company. Royal Bank of Canada boosted their price target on Parex Resources from […] ....

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