Petrel Resources Plc (LON:PET – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.66 ($0.01) and last traded at GBX 0.66 ($0.01), with a volume of 21015 shares changing hands. The stock had previously closed at GBX 0.70 ($0.01).
Petrel Resources Trading Down 5.7 %
The stock’s fifty day moving average is GBX 0.80 and its 200 day moving average is GBX 1.14. The company has a market capitalization of £1.21 million, a P/E ratio of -7.17 and a beta of 0.57.
About Petrel Resources
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.
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