Petrus Resources Ltd. (TSE:PRQ) Director Peter Julius Verburg Buys 10,000 Shares

Petrus Resources Ltd. (TSE:PRQ - Get Free Report) Director Peter Julius Verburg purchased 10,000 shares of Petrus Resources stock in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average price of C$1.31 per share, with a total value of C$13,100.00.

Petrus Resources Stock Up 1.6%

PRQ stock traded up C$0.02 during midday trading on Friday, reaching C$1.30. The company had a trading volume of 8,902 shares, compared to its average volume of 39,931. The company has a current ratio of 0.42, a quick ratio of 0.48 and a debt-to-equity ratio of 19.79. The company has a 50 day moving average of C$1.29 and a two-hundred day moving average of C$1.36. Petrus Resources Ltd. has a 1 year low of C$1.17 and a 1 year high of C$1.55. The company has a market capitalization of C$163.85 million, a P/E ratio of 3.84 and a beta of 3.02.

Petrus Resources Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 30th were given a $0.01 dividend. This represents a $0.12 annualized dividend and a dividend yield of 9.23%. The ex-dividend date was Thursday, May 15th. Petrus Resources's payout ratio is presently 35.41%.

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.