Petrel Resources Plc (LON:PET – Get Free Report)’s share price traded up 28.6% during trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.80 ($0.02). 1,057,474 shares changed hands during trading, an increase of 346% from the average session volume of 237,237 shares. The stock had previously closed at GBX 1.40 ($0.02).
Petrel Resources Stock Up 28.6 %
The business has a fifty day moving average of GBX 1.21 and a 200 day moving average of GBX 0.97. The company has a market cap of £3.97 million, a P/E ratio of -8.30 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.
Featured Stories
- Five stocks we like better than Petrel Resources
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- What is the Dow Jones Industrial Average (DJIA)?
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- How is Compound Interest Calculated?
- These 5 Energy Stocks Hedge Inflation With Growth Potential
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.
