Petrel Resources Plc (LON:PET – Get Free Report)’s share price shot up 3.7% during trading on Tuesday . The stock traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.70 ($0.01). 20,000 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 555,653 shares. The stock had previously closed at GBX 0.68 ($0.01).
Petrel Resources Stock Down 2.3 %
The business has a 50 day moving average price of GBX 0.84 and a two-hundred day moving average price of GBX 1.20. The stock has a market cap of £1.30 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.
Further Reading
- Five stocks we like better than Petrel Resources
- EV Stocks and How to Profit from Them
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- What Are Some of the Best Large-Cap Stocks to Buy?
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- NYSE Stocks Give Investors a Variety of Quality Options
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
