Petrus Resources (TSE:PRQ) Stock Price Passes Below 50-Day Moving Average of $1.32

Petrus Resources Ltd. (TSE:PRQ - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.32 and traded as low as C$1.26. Petrus Resources shares last traded at C$1.28, with a volume of 103,750 shares.

Petrus Resources Trading Up 0.8 %

The stock has a market capitalization of C$159.79 million, a P/E ratio of 4.70 and a beta of 3.21. The stock's 50 day moving average price is C$1.33 and its 200-day moving average price is C$1.32. The company has a quick ratio of 0.48, a current ratio of 0.50 and a debt-to-equity ratio of 15.78.

Petrus Resources Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 30th will be paid a $0.01 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 9.30%. The ex-dividend date is Friday, April 12th. Petrus Resources's dividend payout ratio (DPR) is 44.44%.

Petrus Resources Company Profile

(Get Free Report)

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.

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