Prospera Energy (CVE:GXR) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Prospera Energy Inc. (CVE:GXRGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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.

Prospera Energy Stock Up 18.2%

The company’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.07.

About Prospera Energy

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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. Georox Resources Inc was incorporated in 2003 and is headquartered in Calgary, Canada.

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