Petrus Resources Ltd. (PRQ) to Issue Monthly Dividend of $0.01 on September 30th

Petrus Resources Ltd. (TSE:PRQ) declared a monthly dividend on Tuesday, September 3rd, Zacks reports. Stockholders of record on Tuesday, September 17th will be paid a dividend of 0.01 per share on Monday, September 30th. This represents a $0.12 annualized dividend and a dividend yield of 9.09%. The ex-dividend date is Tuesday, September 17th.

Petrus Resources Stock Up 1.5 %

Shares of TSE PRQ traded up C$0.02 during mid-day trading on Thursday, hitting C$1.32. The company had a trading volume of 2,465 shares, compared to its average volume of 52,859. The company has a market capitalization of C$164.17 million, a PE ratio of 6.60 and a beta of 3.03. The firm has a 50-day simple moving average of C$1.35 and a two-hundred day simple moving average of C$1.35. The company has a current ratio of 0.31, a quick ratio of 0.48 and a debt-to-equity ratio of 19.56. Petrus Resources has a one year low of C$1.11 and a one year high of C$1.65.

Petrus Resources (TSE:PRQ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.02 EPS for the quarter. Petrus Resources had a return on equity of 8.65% and a net margin of 28.06%. The business had revenue of C$23.15 million during the quarter. On average, equities analysts expect that Petrus Resources will post 0.1967213 EPS for the current year.

Insiders Place Their Bets

In other Petrus Resources news, Director Kenneth Graham Gray sold 18,600 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of C$1.40, for a total transaction of C$26,040.00. In other Petrus Resources news, Director Don Gray purchased 20,900 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was bought at an average cost of C$1.32 per share, for a total transaction of C$27,588.00. Also, Director Kenneth Graham Gray sold 18,600 shares of Petrus Resources stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of C$1.40, for a total transaction of C$26,040.00. Over the last three months, insiders purchased 71,100 shares of company stock worth $94,392 and sold 40,468 shares worth $55,772. Company insiders own 75.21% of the company’s stock.

Petrus Resources Company Profile

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.