Petrus Resources (TSE:PRQ) Trading Down 3.5% – What’s Next?

Shares of Petrus Resources Ltd. (TSE:PRQGet Free Report) dropped 3.5% on Monday . The stock traded as low as C$1.59 and last traded at C$1.65. Approximately 167,691 shares changed hands during trading, an increase of 309% from the average daily volume of 41,048 shares. The stock had previously closed at C$1.71.

Petrus Resources Stock Up 0.6%

The company has a current ratio of 0.42, a quick ratio of 0.48 and a debt-to-equity ratio of 19.79. The stock has a market cap of C$224.09 million, a P/E ratio of 24.57 and a beta of 0.97. The firm has a 50-day simple moving average of C$1.48 and a two-hundred day simple moving average of C$1.38.

Petrus Resources Dividend Announcement

The company also recently disclosed a sep 25 dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 29th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, September 15th. This represents a yield of 811.0%. Petrus Resources’s dividend payout ratio (DPR) is presently 171.43%.

About Petrus Resources

(Get Free Report)

Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company’s core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

See Also

Receive News & Ratings for Petrus Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrus Resources and related companies with MarketBeat.com's FREE daily email newsletter.