Petrus Resources (TSE:PRQ) Shares Down 1.6% – What’s Next?

Petrus Resources Ltd. (TSE:PRQGet Free Report)’s share price traded down 1.6% on Monday . The company traded as low as C$1.84 and last traded at C$1.84. 26,605 shares traded hands during trading, an increase of 81% from the average session volume of 14,670 shares. The stock had previously closed at C$1.87.

Petrus Resources Price Performance

The company has a debt-to-equity ratio of 19.79, a quick ratio of 0.48 and a current ratio of 0.42. The business has a 50 day moving average price of C$1.84 and a 200-day moving average price of C$1.63. The company has a market capitalization of C$243.22 million, a price-to-earnings ratio of 184.00 and a beta of 0.80.

Petrus Resources Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 30th were paid a $0.01 dividend. The ex-dividend date was Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 6.5%. Petrus Resources’s payout ratio is currently 1,200.00%.

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.