Key Points
- Director Donald Gordon Cormack purchased 29,382 Petrus Resources shares at an average C$1.82 each, investing C$53,475.24 and increasing his holdings by 4,739% to 30,002 shares.
- Petrus Resources reported quarterly EPS of C$0.06 on revenue of C$32.63 million, while its shares opened at C$1.85 and traded within a C$1.43–C$2.30 52-week range.
- The company declared a monthly dividend of C$0.01 per share, implying a 6.5% annualized yield; analysts maintain a consensus “Buy” rating with a C$2.40 average price target.
Petrus Resources Ltd. (TSE:PRQ - Get Free Report) Director Donald Gordon Cormack bought 29,382 shares of the company's stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of C$1.82 per share, for a total transaction of C$53,475.24. Following the acquisition, the director owned 30,002 shares of the company's stock, valued at C$54,603.64. This trade represents a 4,739.03% increase in their ownership of the stock.
Donald Gordon Cormack also recently made the following trade(s):
- On Monday, June 22nd, Donald Gordon Cormack sold 24,000 shares of Petrus Resources stock. The stock was sold at an average price of C$1.66, for a total value of C$39,840.00.
Petrus Resources Trading Up 2.2%
Shares of PRQ stock opened at C$1.85 on Friday. The company has a market cap of C$274.70 million, a P/E ratio of -92.50 and a beta of 0.26. The stock has a 50 day simple moving average of C$1.72 and a two-hundred day simple moving average of C$1.82. The company has a debt-to-equity ratio of 20.95, a quick ratio of 0.48 and a current ratio of 0.45. Petrus Resources Ltd. has a fifty-two week low of C$1.43 and a fifty-two week high of C$2.30.
Petrus Resources (TSE:PRQ - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.06 earnings per share (EPS) for the quarter. The firm had revenue of C$32.63 million for the quarter. Petrus Resources had a negative return on equity of 0.66% and a negative net margin of 1.99%. Research analysts forecast that Petrus Resources Ltd. will post 0.2131148 earnings per share for the current year.
Petrus Resources Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 28th will be issued a $0.01 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Monday, August 17th. Petrus Resources's dividend payout ratio (DPR) is presently -600.00%.
Analysts Set New Price Targets
Separately, Haywood Securities set a C$2.40 price objective on shares of Petrus Resources and gave the company a "buy" rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of C$2.40.
View Our Latest Research Report on PRQ
Petrus Resources Company Profile
(
Get Free Report)
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.
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