Petrus Resources Ltd. to Issue Monthly Dividend of $0.01 (TSE:PRQ)

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Monday, December 16th,TickerTech Dividends reports. Stockholders of record on Monday, December 30th will be given a dividend of 0.01 per share on Monday, December 30th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date is Monday, December 16th.

Petrus Resources Stock Performance

TSE PRQ traded down C$0.01 during trading hours on Friday, reaching C$1.41. 28,800 shares of the company were exchanged, compared to its average volume of 49,969. The stock has a market capitalization of C$175.36 million, a P/E ratio of 7.05 and a beta of 3.02. The company has a quick ratio of 0.48, a current ratio of 0.31 and a debt-to-equity ratio of 19.56. Petrus Resources has a 1 year low of C$1.21 and a 1 year high of C$1.51. The business’s 50 day simple moving average is C$1.44 and its 200-day simple moving average is C$1.38.

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.