Petrus Resources Ltd (TSE:PRQ)’s share price traded down 0% on Monday . The stock traded as low as C$1.65 and last traded at C$1.71. 22,744 shares traded hands during trading, a decline of 25% from the average session volume of 30,461 shares. The stock had previously closed at C$1.71.

Several equities analysts have recently weighed in on the company. National Bank Financial cut their target price on Petrus Resources from C$3.00 to C$2.25 and set an “outperform” rating on the stock in a research report on Monday, December 18th. Royal Bank of Canada dropped their price objective on Petrus Resources from C$3.25 to C$2.75 and set an “outperform” rating for the company in a report on Monday, December 18th. Finally, Raymond James Financial boosted their price objective on Petrus Resources from C$3.00 to C$3.50 and gave the company an “outperform” rating in a report on Thursday, October 5th.

The firm has a market capitalization of $84.52 and a price-to-earnings ratio of -1.49.

In other Petrus Resources news, Director Don Gray acquired 100,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was bought at an average price of C$1.55 per share, for a total transaction of C$155,000.00.

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Petrus Resources Company Profile

Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region.

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