Key Points
- PetroTal insider Gavin Hugh Lothian Wilson purchased 200,000 shares at GBX 26 each, for a total investment of £52,000.
- PetroTal shares opened at GBX 26.84, with a market capitalization of approximately £247.1 million and a one-year trading range of GBX 17.15 to GBX 39.80.
- Analysts maintain a consensus “Buy” rating and a GBX 74 price target, significantly above the reported share price.
PetroTal Corp. (LON:PTAL - Get Free Report) insider Gavin Hugh Lothian Wilson purchased 200,000 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average price of GBX 26 per share, with a total value of £52,000.
PetroTal Trading Up 1.2%
Shares of LON PTAL opened at GBX 26.84 on Tuesday. PetroTal Corp. has a 1 year low of GBX 17.15 and a 1 year high of GBX 39.80. The stock has a market cap of £247.06 million, a P/E ratio of 6.71 and a beta of 0.16. The firm has a 50-day moving average of GBX 26.17 and a 200 day moving average of GBX 26.73. The company has a debt-to-equity ratio of 13.90, a current ratio of 3.10 and a quick ratio of 1.83.
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus reiterated a "buy" rating and set a GBX 74 target price on shares of PetroTal in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, PetroTal has a consensus rating of "Buy" and a consensus price target of GBX 74.
View Our Latest Report on PTAL
About PetroTal
(
Get Free Report)
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.
PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018. In early 2022, PetroTal became the largest crude oil producer in Peru. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field.
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