Petrus Resources Ltd. (TSE:PRQ – Get Free Report) Director Donald Gordon Cormack sold 24,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of C$1.66, for a total transaction of C$39,840.00. Following the transaction, the director owned 620 shares of the company’s stock, valued at approximately C$1,029.20. This represents a 97.48% decrease in their ownership of the stock.
Petrus Resources Price Performance
Shares of TSE:PRQ opened at C$1.60 on Thursday. Petrus Resources Ltd. has a one year low of C$1.32 and a one year high of C$2.30. The company has a debt-to-equity ratio of 25.22, a current ratio of 0.23 and a quick ratio of 0.48. The company has a market cap of C$235.76 million, a price-to-earnings ratio of 23.25 and a beta of 0.29. The firm has a 50 day simple moving average of C$1.81 and a 200 day simple moving average of C$1.86.
Petrus Resources (TSE:PRQ – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported C($0.10) earnings per share for the quarter. The company had revenue of C$25.28 million for the quarter. Petrus Resources had a negative return on equity of 0.27% and a negative net margin of 0.95%. Research analysts predict that Petrus Resources Ltd. will post 0.2131148 earnings per share for the current fiscal year.
Petrus Resources Announces Dividend
Wall Street Analysts Forecast Growth
Separately, Haywood Securities set a C$2.40 target price on Petrus Resources and gave the company a “buy” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$2.40.
View Our Latest Stock Report on Petrus Resources
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.
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