Petrus Resources Ltd. Plans Monthly Dividend of $0.01 (TSE:PRQ)

Key Points

• Petrus Resources declared a monthly dividend of $0.01 per share with an ex-dividend date of April 15 and a record/payment date of April 30, representing an annualized yield of 5.9%.
• Shares traded at about C$2.05 mid-day, with a market cap of C$300.66M, a P/E of 25.63, and a 1‑year trading range of C$1.23–C$2.30.
• The company is an oil and natural gas producer operating in Ferrier, Central Alberta and the Rocky Mountain foothills and shows tight liquidity (current ratio 0.41, quick ratio 0.48) with a high debt-to-equity of 20.51.

Petrus Resources Ltd. (TSE:PRQ - Get Free Report) declared a monthly dividend on Wednesday, April 15th, TickerTech Dividends reports. Stockholders of record on Thursday, April 30th will be given a dividend of 0.01 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Wednesday, April 15th.

Petrus Resources Price Performance

Shares of TSE:PRQ traded up C$0.06 during mid-day trading on Monday, reaching C$2.05. The stock had a trading volume of 46,996 shares, compared to its average volume of 105,547. The company has a current ratio of 0.41, a quick ratio of 0.48 and a debt-to-equity ratio of 20.51. The company has a market cap of C$300.66 million, a P/E ratio of 25.63 and a beta of 0.29. Petrus Resources has a 1 year low of C$1.23 and a 1 year high of C$2.30. The business's 50 day moving average price is C$1.88 and its 200 day moving average price is C$1.83.

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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