Insider Selling: Petrus Resources Ltd. (TSE:PRQ) Director Sells 8,134 Shares of Stock

Petrus Resources Ltd. (TSE:PRQ) Director Peter Julius Verburg sold 8,134 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of C$1.43, for a total value of C$11,631.62.

Petrus Resources Price Performance

PRQ opened at C$1.46 on Tuesday. The stock has a market capitalization of C$181.58 million, a PE ratio of 7.30 and a beta of 3.02. The stock’s 50 day moving average price is C$1.43 and its 200-day moving average price is C$1.39. Petrus Resources Ltd. has a 52-week low of C$1.21 and a 52-week high of C$1.55. The company has a debt-to-equity ratio of 19.56, a quick ratio of 0.48 and a current ratio of 0.31.

Petrus Resources Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 31st will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.12 annualized dividend and a yield of 8.22%. Petrus Resources’s payout ratio is 60.00%.

Petrus Resources Company Profile

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.