Petrus Resources Ltd. (PRQ) To Go Ex-Dividend on October 15th

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Thursday, October 15th. Shareholders of record on Friday, October 30th will be given a dividend of $0.01 per share on Friday, October 30th. This represents a $0.12 annualized dividend and a yield of 7.0%. The ex-dividend date is Thursday, October 15th.

Petrus Resources Price Performance

PRQ stock opened at C$1.72 on Tuesday. Petrus Resources has a fifty-two week low of C$1.55 and a fifty-two week high of C$2.30. The company has a market capitalization of C$257.51 million, a price-to-earnings ratio of -86.00 and a beta of 0.15. The business’s 50 day moving average price is C$1.77 and its two-hundred day moving average price is C$1.80. The company has a debt-to-equity ratio of 20.95, a quick ratio of 0.48 and a current ratio of 0.45.

Petrus Resources (TSE:PRQ) last released its earnings results on Thursday, August 6th. The company reported C$0.06 EPS for the quarter. Petrus Resources had a negative return on equity of 0.66% and a negative net margin of 1.99%. The company had revenue of C$32.63 million during the quarter. As a group, analysts forecast that Petrus Resources will post 0.21 earnings per share for the current fiscal year.

Insider Transactions at Petrus Resources

In other news, Director Donald Gordon Cormack acquired 29,382 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of C$1.82 per share, for a total transaction of C$53,475.24. Following the completion of the acquisition, the director owned 30,002 shares in the company, valued at C$54,603.64. This trade represents a 4,739.03% increase in their ownership of the stock. Company insiders own 75.21% of the company’s stock.

About Petrus Resources

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.