Petrus Resources Ltd. (TSE:PRQ) to Issue $0.01 Monthly Dividend

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Wednesday, July 15th, TickerTech Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 0.01 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Wednesday, July 15th.

Petrus Resources Stock Performance

TSE:PRQ opened at C$1.70 on Monday. The company has a current ratio of 0.23, a quick ratio of 0.48 and a debt-to-equity ratio of 25.22. Petrus Resources has a twelve month low of C$1.40 and a twelve month high of C$2.30. The firm has a market capitalization of C$252.42 million, a price-to-earnings ratio of 23.25 and a beta of 0.26. The firm’s fifty day simple moving average is C$1.75 and its 200 day simple moving average is C$1.84.

Petrus Resources (TSE:PRQ) last released its quarterly earnings results on Wednesday, May 6th. The company reported C($0.10) earnings per share for the quarter. Petrus Resources had a negative return on equity of 0.27% and a negative net margin of 0.95%.The company had revenue of C$25.28 million during the quarter. As a group, equities research analysts expect that Petrus Resources will post 0.2131148 earnings per share for the current fiscal year.

Insider Transactions at Petrus Resources

In related news, Director Donald Gordon Cormack sold 24,000 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of C$1.66, for a total transaction of C$39,840.00. Following the completion of the sale, the director directly owned 620 shares in the company, valued at approximately C$1,029.20. This trade represents a 97.48% decrease in their ownership of the stock. Over the last 90 days, insiders have acquired 29,100 shares of company stock worth $47,156. 75.21% of the stock is owned by insiders.

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.