Petrus Resources Ltd. (PRQ) to Distribute Monthly Dividend of $0.01 on July 31st

Petrus Resources Ltd. (TSE:PRQGet Free Report) announced a monthly dividend on Wednesday, July 15th, TickerTech Dividends reports. Shareholders of record on Friday, July 31st will be paid 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 Price Performance

Shares of TSE:PRQ remained flat at C$1.70 during midday trading on Monday. The company had a trading volume of 16,574 shares, compared to its average volume of 98,344. Petrus Resources has a 12 month low of C$1.40 and a 12 month high of C$2.30. The business’s 50 day moving average price is C$1.75 and its two-hundred day moving average price is C$1.84. The company has a quick ratio of 0.48, a current ratio of 0.23 and a debt-to-equity ratio of 25.22. The company has a market capitalization of C$252.42 million, a price-to-earnings ratio of 23.25 and a beta of 0.26.

Petrus Resources (TSE:PRQGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported C($0.10) EPS for the quarter. The firm had revenue of C$25.28 million during the quarter. Petrus Resources had a negative net margin of 0.95% and a negative return on equity of 0.27%. Analysts forecast that Petrus Resources will post 0.2131148 earnings per share for the current year.

Insider Buying and Selling 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 stock was sold at an average price of C$1.66, for a total transaction of C$39,840.00. Following the completion of the transaction, the director owned 620 shares of the company’s stock, valued at C$1,029.20. This trade represents a 97.48% decrease in their position. In the last quarter, insiders purchased 29,100 shares of company stock valued at $47,156. Corporate insiders own 75.21% of the company’s stock.

About Petrus Resources

(Get Free Report)

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.

Further Reading

Dividend History for Petrus Resources (TSE:PRQ)

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