Insider Selling: Petrus Resources Ltd. (TSE:PRQ) Director Sells C$11,631.62 in Stock

Petrus Resources Ltd. (TSE:PRQ) Director Peter Julius Verburg sold 8,134 shares of Petrus Resources stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$1.43, for a total value of C$11,631.62.

Petrus Resources Price Performance

Shares of Petrus Resources stock opened at C$1.46 on Tuesday. The company has a debt-to-equity ratio of 19.56, a current ratio of 0.31 and a quick ratio of 0.48. The business’s 50 day simple moving average is C$1.43 and its two-hundred day simple moving average is C$1.39. The stock has a market capitalization of C$181.58 million, a P/E ratio of 7.30 and a beta of 3.02. Petrus Resources Ltd. has a one year low of C$1.21 and a one year high of C$1.55.

Petrus Resources Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 31st will be paid a dividend of $0.01 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.12 annualized dividend and a dividend yield of 8.22%. Petrus Resources’s dividend payout ratio (DPR) is presently 60.00%.

About Petrus Resources

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.