Prospect Global Resources Climbs 8% on Strong Economics of Holbrook Project

By
A A A

Prospect Global Resources ( PGRX ) is up 7.54% to $2.85 after the company reported that a study confirmed that PGRX's Holbrook Basin project, a potash field in the Holbrook Basin of eastern Arizona, will be competitive.

According to the interim report, PGRX's key capital expense elements are in line with 2012 expectations. PGRX said it believes the bankable feasibility study in 2013 will increase its resources and optimize its mine plan.

PGRX is trading within a 52-week range of $1.77 - $10.50.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: PGRX

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

16,984,431
  • $41.29 ▼ 2.43%
16,748,352
  • $41.99 ▼ 11.30%
15,133,463
  • $9.6201 ▼ 9.24%
12,036,687
  • $14.31 ▼ 10.51%
10,642,186
  • $48.545 ▲ 7.95%
9,644,494
  • $118.5801 ▼ 0.35%
9,290,558
  • $17.0701 ▼ 0.23%
8,900,473
  • $26.70 ▼ 0.63%
As of 11/28/2014, 10:35 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com