Petrus Resources Ltd. (TSE:PRQ - Get Free Report) announced a monthly dividend on Monday, April 29th, Zacks reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.01 per share on Friday, May 31st. This represents a $0.12 annualized dividend and a dividend yield of 8.96%. The ex-dividend date of this dividend is Tuesday, May 14th.
Petrus Resources Stock Down 2.2 %
Shares of PRQ stock traded down C$0.03 during mid-day trading on Wednesday, hitting C$1.34. 30,864 shares of the stock traded hands, compared to its average volume of 55,179. The stock has a market cap of C$166.52 million, a P/E ratio of 3.35 and a beta of 3.20. The stock's fifty day moving average is C$1.34 and its two-hundred day moving average is C$1.32. Petrus Resources has a 52-week low of C$1.11 and a 52-week high of C$1.81. The company has a debt-to-equity ratio of 15.78, a current ratio of 0.50 and a quick ratio of 0.48.
Petrus Resources (TSE:PRQ - Get Free Report) last released its quarterly earnings results on Tuesday, March 26th. The company reported C$0.32 EPS for the quarter, beating the consensus estimate of C$0.02 by C$0.30. The business had revenue of C$26.75 million during the quarter. Petrus Resources had a net margin of 46.82% and a return on equity of 17.44%. Equities analysts predict that Petrus Resources will post 0.0700051 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have commented on PRQ. Stifel Canada lowered shares of Petrus Resources from a "buy" rating to a "hold" rating in a research report on Monday, April 22nd. Stifel Nicolaus lowered shares of Petrus Resources from a "buy" rating to a "hold" rating and decreased their price target for the company from C$1.75 to C$1.50 in a research report on Tuesday, April 23rd.
Check Out Our Latest Stock Analysis on PRQ
Petrus Resources Company Profile
(
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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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