Petrus Resources Ltd. (TSE:PRQ) Director Kenneth Graham Gray Buys 12,000 Shares

Petrus Resources Ltd. (TSE:PRQ) Director Kenneth Graham Gray acquired 12,000 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The stock was purchased at an average price of C$1.21 per share, with a total value of C$14,489.11.

Petrus Resources Stock Performance

Shares of TSE PRQ traded down C$0.02 during mid-day trading on Monday, hitting C$1.24. The stock had a trading volume of 72,686 shares, compared to its average volume of 49,088. The company has a 50 day moving average of C$1.35 and a two-hundred day moving average of C$1.40. The company has a debt-to-equity ratio of 19.79, a quick ratio of 0.48 and a current ratio of 0.42. The firm has a market cap of C$156.29 million, a PE ratio of 3.66 and a beta of 3.02. Petrus Resources Ltd. has a twelve month low of C$1.17 and a twelve month high of C$1.55.

Petrus Resources Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.01 per share. This represents a $0.12 dividend on an annualized basis and a yield of 9.68%. The ex-dividend date is Tuesday, April 15th. Petrus Resources’s dividend payout ratio is presently 35.41%.

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.