Prospera Energy (CVE:GXR) Shares Cross Below 50 Day Moving Average – Here’s Why

Shares of Prospera Energy Inc. (CVE:GXRGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.06 and traded as low as C$0.06. Prospera Energy shares last traded at C$0.07, with a volume of 18,633 shares trading hands.

Prospera Energy Trading Up 18.2%

The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.07.

Prospera Energy Company Profile

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Georox Resources Inc, a natural resources company, acquires, explores for, and develops petroleum and natural gas properties primarily in Western Canada. It primarily holds interests in the Silverdale, Pouce Coupe, and Red Earth properties. The company was formerly known as Oromonte Resources Inc and changed its name to Georox Resources Inc in August 2008.

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