Petrus Resources Ltd. (TSE:PRQ) Director Kenneth Graham Gray Purchases 12,000 Shares

Petrus Resources Ltd. (TSE:PRQ - Get Free Report) Director Kenneth Graham Gray bought 12,000 shares of the business's stock in a transaction dated Monday, April 7th. The shares were bought at an average cost of C$1.21 per share, for a total transaction of C$14,489.11.

Petrus Resources Trading Down 0.8 %

Shares of TSE:PRQ traded down C$0.01 on Friday, hitting C$1.32. 91,857 shares of the company's stock were exchanged, compared to its average volume of 50,259. The stock has a market capitalization of C$166.37 million, a price-to-earnings ratio of 3.89 and a beta of 3.02. Petrus Resources Ltd. has a 12 month low of C$1.17 and a 12 month high of C$1.55. The company has a debt-to-equity ratio of 19.79, a current ratio of 0.42 and a quick ratio of 0.48. The business's 50 day simple moving average is C$1.34 and its two-hundred day simple moving average is C$1.39.

Petrus Resources Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 30th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.12 dividend on an annualized basis and a yield of 9.09%. Petrus Resources's dividend payout ratio is currently 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.