Petrus Resources (TSE:PRQ) Shares Pass Above Fifty Day Moving Average – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of Petrus Resources Ltd. (TSE:PRQ – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.92 and traded as high as C$1.97. Petrus Resources shares last traded at C$1.86, with a volume of 278,996 shares trading hands.
Petrus Resources Stock Down 4.6%
The stock has a market cap of C$274.22 million, a PE ratio of 23.25 and a beta of 0.44. The business has a 50 day moving average price of C$1.92 and a 200 day moving average price of C$1.86. The company has a quick ratio of 0.48, a current ratio of 0.23 and a debt-to-equity ratio of 25.22.
Petrus Resources (TSE:PRQ – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C($0.10) earnings per share for the quarter. Petrus Resources had a negative net margin of 0.95% and a negative return on equity of 0.27%. The company had revenue of C$25.28 million for the quarter. Equities research analysts expect that Petrus Resources Ltd. will post 0.2131148 EPS for the current fiscal year.
Petrus Resources Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 29th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 6.5%.
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.