BlackPearl Resources (PXX) Trading Up -0.9%

BlackPearl Resources Inc. (TSE:PXX)’s share price was up 0.9% during mid-day trading on Thursday . The company traded as high as C$1.14 and last traded at C$1.12. Approximately 102,918 shares were traded during trading, a decline of 21% from the average daily volume of 129,692 shares. The stock had previously closed at C$1.13.

The stock has a market capitalization of $383.34, a P/E ratio of 57.00 and a beta of -0.01.

In related news, Director John Larry Festival purchased 177,900 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average price of C$1.07 per share, for a total transaction of C$190,353.00.

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About BlackPearl Resources

BlackPearl Resources Inc is a Canda-based oil and natural gas company, which is engaged in the business of oil and gas exploration, development and production in North America. Its primary focus is on heavy oil and oil sands projects in Western Canada. Its core properties include Onion Lake, Saskatchewan, which is a conventional heavy oil property, as well as a thermal enhanced oil recovery project; Mooney, Alberta, which is a conventional heavy oil property using horizontal drilling and alkali, surfactant, polymer flooding, and Blackrod, Alberta, which is a bitumen property located in the Athabasca oil sands region using the Steam Assisted Gravity Drainage recovery process.

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