Petrel Resources Plc (LON:PET – Get Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.95 ($0.01), with a volume of 339103 shares traded. The stock had previously closed at GBX 0.99 ($0.01).
Petrel Resources Stock Down 4.8 %
The stock has a market capitalization of £1.74 million, a price-to-earnings ratio of -7.17 and a beta of 0.22. The business’s 50-day moving average is GBX 1.41 and its two-hundred day moving average is GBX 1.86.
Petrel Resources Company Profile
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq.
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