Kenneth Graham Gray Purchases 12,000 Shares of Petrus Resources Ltd. (TSE:PRQ) Stock

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

Petrus Resources Stock Down 1.6 %

Petrus Resources stock traded down C$0.02 during trading hours on Monday, hitting C$1.24. 72,686 shares of the stock traded hands, compared to its average volume of 49,088. Petrus Resources Ltd. has a one year low of C$1.17 and a one year high of C$1.55. The company has a market cap of C$156.29 million, a PE ratio of 3.66 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 firm’s 50-day moving average price is C$1.35 and its two-hundred day moving average price is C$1.40.

Petrus Resources Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be issued a $0.01 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 9.68%. The ex-dividend date of this dividend is Tuesday, April 15th. Petrus Resources’s payout ratio is 35.41%.

Petrus Resources Company Profile

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.