Petrel Resources Plc (LON:PET – Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.66 ($0.01) and last traded at GBX 0.68 ($0.01), with a volume of 177105 shares traded. The stock had previously closed at GBX 0.68 ($0.01).
Petrel Resources Price Performance
The company has a 50-day moving average of GBX 0.85 and a 200 day moving average of GBX 1.22. The stock has a market capitalization of £1.24 million, a PE ratio of -7.17 and a beta of 0.57.
About Petrel Resources
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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