BlackPearl Resources Inc. (TSE:PXX) Director John Larry Festival acquired 42,500 shares of the stock in a transaction dated Friday, July 14th. The shares were purchased at an average price of C$0.95 per share, for a total transaction of C$40,375.00.

John Larry Festival also recently made the following trade(s):

  • On Wednesday, July 12th, John Larry Festival purchased 78,000 shares of BlackPearl Resources stock. The stock was bought at an average price of C$0.94 per share, for a total transaction of C$73,320.00.
  • On Thursday, July 13th, John Larry Festival purchased 2,000 shares of BlackPearl Resources stock. The stock was bought at an average price of C$0.95 per share, for a total transaction of C$1,900.00.

Shares of BlackPearl Resources Inc. (PXX) remained flat at $0.98 during mid-day trading on Monday. The company had a trading volume of 96,100 shares. The company’s market cap is $329.48 million. The company’s 50 day moving average is $1.06 and its 200-day moving average is $1.37. BlackPearl Resources Inc. has a 12 month low of $0.90 and a 12 month high of $1.91.

COPYRIGHT VIOLATION NOTICE: This article was published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was stolen and reposted in violation of international trademark and copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/07/17/john-larry-festival-buys-42500-shares-of-blackpearl-resources-inc-tsepxx-stock.html.

PXX has been the subject of a number of recent research reports. Scotiabank reissued a “sector perform” rating and issued a C$2.00 price objective on shares of BlackPearl Resources in a report on Thursday, May 4th. TD Securities reissued a “hold” rating and issued a C$1.45 price objective on shares of BlackPearl Resources in a report on Thursday, May 4th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of C$1.93.

BlackPearl Resources Company Profile

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.

Receive News & Ratings for BlackPearl Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackPearl Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.