Petrus Resources Ltd. (TSE:PRQ) Director Buys C$14,489.11 in Stock

Petrus Resources Ltd. (TSE:PRQ) Director Kenneth Graham Gray acquired 12,000 shares of Petrus Resources stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average cost of C$1.21 per share, with a total value of C$14,489.11.

Petrus Resources Price Performance

Shares of TSE:PRQ opened at C$1.26 on Thursday. Petrus Resources Ltd. has a 12 month low of C$1.17 and a 12 month high of C$1.55. The stock has a market cap of C$158.81 million, a P/E ratio of 3.72 and a beta of 3.02. The company has a current ratio of 0.42, a quick ratio of 0.48 and a debt-to-equity ratio of 19.79. The company has a 50 day moving average of C$1.34 and a 200 day moving average of C$1.39.

Petrus Resources Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.01 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.12 annualized dividend and a yield of 9.52%. Petrus Resources’s payout ratio is presently 35.41%.

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.