Petrus Resources Ltd. (TSE:PRQ – Get Free Report) Director Donald Gordon Cormack acquired 29,382 shares of the stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of C$1.82 per share, with a total value of C$53,475.24. Following the completion of the purchase, the director directly owned 30,002 shares in the company, valued at approximately C$54,603.64. The trade was a 4,739.03% increase in their ownership of the stock.
Donald Gordon Cormack also recently made the following trade(s):
- On Monday, June 22nd, Donald Gordon Cormack sold 24,000 shares of Petrus Resources stock. The stock was sold at an average price of C$1.66, for a total value of C$39,840.00.
Petrus Resources Trading Up 1.1%
TSE PRQ traded up C$0.02 on Friday, hitting C$1.83. 37,321 shares of the stock were exchanged, compared to its average volume of 91,063. 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 Ltd. has a 52-week low of C$1.43 and a 52-week high of C$2.30. The firm has a market capitalization of C$271.73 million, a P/E ratio of -91.50 and a beta of 0.26. The stock has a fifty day moving average price of C$1.72 and a two-hundred day moving average price of C$1.82.
Petrus Resources Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 28th will be given a $0.01 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Monday, August 17th. Petrus Resources’s dividend payout ratio is -600.00%.
Analyst Upgrades and Downgrades
Separately, Haywood Securities set a C$2.40 target price on Petrus Resources and gave the company a “buy” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Petrus Resources has an average rating of “Buy” and a consensus price target of C$2.40.
Read Our Latest Analysis on PRQ
Petrus Resources Company Profile
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.
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