Petrel Resources Plc (LON:PET – Get Free Report) rose 50.7% during trading on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 2.11 ($0.03). Approximately 1,059,275 shares changed hands during mid-day trading, an increase of 346% from the average daily volume of 237,288 shares. The stock had previously closed at GBX 1.40 ($0.02).
Petrel Resources Trading Up 12.6 %
The firm has a market cap of £4.72 million, a P/E ratio of -9.87 and a beta of 0.57. The business’s 50-day moving average is GBX 1.22 and its two-hundred day moving average is GBX 0.99.
Petrel Resources Company Profile
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq.
Read More
- Five stocks we like better than Petrel Resources
- 3 Stocks to Consider Buying in October
- Stanley Druckenmiller Bets Big on Airline Stocks – Should You?
- ETF Screener: Uses and Step-by-Step Guide
- Viking Therapeutics: Could GLP-1 Maker Be Acquired Pre-Approval?
- Best Stocks Under $5.00
- 3 Industry Leading Stocks Just Raised Dividends by 10% or More
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
