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

Key Points

• Petrus Resources Ltd. announced a monthly dividend of $0.01 per share, payable to shareholders of record on August 29th, which translates to an annualized yield of 8.3%.
• The company's stock price is currently C$1.44 with a twelve month low of C$1.17 and a high of C$1.55; it has a debt-to-equity ratio of 19.79.
• Petrus Resources is primarily involved in the acquisition and exploitation of energy assets, primarily generating revenue from oil and natural gas.

Petrus Resources Ltd. (TSE:PRQ - Get Free Report) declared a monthly dividend on Friday, August 15th, TickerTech Dividends reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.01 per share on Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Friday, August 15th.

Petrus Resources Stock Performance

Shares of Petrus Resources stock traded down C$0.02 on Friday, reaching C$1.45. 97,939 shares of the stock were exchanged, compared to its average volume of 38,619. Petrus Resources has a 1-year low of C$1.17 and a 1-year high of C$1.55. 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 business has a fifty day moving average price of C$1.42 and a two-hundred day moving average price of C$1.35. The firm has a market capitalization of C$182.76 million, a PE ratio of 4.28 and a beta of 3.02.

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.