Shares of Petrus Resources Ltd. (OTCMKTS:PTRUF – Get Free Report) rose 2.1% on Thursday. The stock traded as high as $1.23 and last traded at $1.23. Approximately 11,300 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 16,357 shares. The stock had previously closed at $1.2050.
Petrus Resources Stock Performance
The stock has a 50-day moving average price of $1.27 and a 200-day moving average price of $1.29.
About Petrus Resources
Petrus Resources Ltd. is a Canadian oil and natural gas exploration and production company focused on the development of conventional petroleum assets. The company’s activities have included acquiring, drilling, completing and producing oil and natural gas properties.
Petrus has historically concentrated its operations in Alberta within the Western Canadian Sedimentary Basin, including assets in the Ferrier and North Ferrier areas. Its portfolio has included light oil, natural gas and natural gas liquids, with operations focused on maximizing production from established formations such as the Cardium.
Based in Calgary, Alberta, Petrus Resources has operated as a publicly traded Canadian energy company.
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