Petrel Resources Plc (LON:PET – Get Free Report)’s stock price traded up 16.7% on Thursday . The stock traded as high as GBX 2.10 ($0.03) and last traded at GBX 2.10 ($0.03). 1,498,739 shares were traded during trading, an increase of 454% from the average session volume of 270,705 shares. The stock had previously closed at GBX 1.80 ($0.02).
Petrel Resources Stock Up 16.7 %
The firm has a fifty day moving average price of GBX 1.88 and a two-hundred day moving average price of GBX 2.01. The stock has a market capitalization of £3.86 million, a P/E ratio of -7.17 and a beta of 0.28.
Petrel Resources Company Profile
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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