Petrus Resources Ltd. (PRQ) To Go Ex-Dividend on August 17th

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Monday, August 17th, TickerTech Dividends reports. Investors of record on Friday, August 28th will be given a dividend of 0.01 per share on Friday, August 28th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Monday, August 17th.

Petrus Resources Trading Up 2.2%

Shares of PRQ stock opened at C$1.85 on Friday. Petrus Resources has a fifty-two week low of C$1.43 and a fifty-two week high of C$2.30. The company has a debt-to-equity ratio of 20.95, a quick ratio of 0.48 and a current ratio of 0.45. The stock’s fifty day moving average is C$1.72 and its two-hundred day moving average is C$1.82. The firm has a market capitalization of C$274.70 million, a P/E ratio of -92.50 and a beta of 0.26.

Petrus Resources (TSE:PRQ) last issued its earnings results on Thursday, August 6th. The company reported C$0.06 EPS for the quarter. The business had revenue of C$32.63 million during the quarter. Petrus Resources had a negative net margin of 1.99% and a negative return on equity of 0.66%. Research analysts expect that Petrus Resources will post 0.2131148 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Donald Gordon Cormack bought 29,382 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were bought at an average cost of C$1.82 per share, for a total transaction of C$53,475.24. Following the acquisition, the director directly owned 30,002 shares of the company’s stock, valued at C$54,603.64. This trade represents a 4,739.03% increase in their position. Insiders have bought 66,882 shares of company stock worth $114,871 over the last quarter. 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.