Petrel Resources Plc (LON:PET – Get Free Report)’s share price rose 16.4% during trading on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.63 ($0.02). Approximately 1,065,037 shares changed hands during trading, an increase of 349% from the average daily volume of 237,453 shares. The stock had previously closed at GBX 1.40 ($0.02).
Petrel Resources Stock Up 16.4 %
The company has a fifty day simple moving average of GBX 1.21 and a two-hundred day simple moving average of GBX 0.98. The stock has a market capitalization of £3.60 million, a P/E ratio of -7.52 and a beta of 0.57.
Petrel Resources Company Profile
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq.
See Also
- Five stocks we like better than Petrel Resources
- Insider Trading – What You Need to Know
- Finding Hidden Gems: Unconventional Penny Stock Investing
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Price Targets on NVIDIA Rise in Front of Earnings
- P/E Ratio Calculation: How to Assess Stocks
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
