Northland Securities reiterated their corporate rating on shares of Petrel Resources PLC (LON:PET) in a research report sent to investors on Thursday.

Petrel Resources PLC (LON:PET) traded up 0.74% during trading on Thursday, hitting GBX 6.80. The stock had a trading volume of 50,000 shares. Petrel Resources PLC has a 1-year low of GBX 2.50 and a 1-year high of GBX 8.30. The firm’s market capitalization is GBX 6.78 million. The firm has a 50 day moving average price of GBX 6.65 and a 200-day moving average price of GBX 5.71.

Petrel Resources PLC Company Profile

Petrel Resources plc is a junior oil and gas exploration company with activities in Iraq, Ghana and Ireland. The Company is active in the Irish offshore Atlantic Margin, Ghana’s Tano Basin and Iraq. The Company holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore.

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