Petrus Resources Ltd. (TSE:PRQ) Director Peter Julius Verburg Sells 8,134 Shares

Petrus Resources Ltd. (TSE:PRQ) Director Peter Julius Verburg sold 8,134 shares of Petrus Resources stock in a transaction on Thursday, January 9th. The stock was sold at an average price of C$1.43, for a total transaction of C$11,631.62.

Petrus Resources Price Performance

Petrus Resources stock remained flat at C$1.43 during trading hours on Friday. 31,855 shares of the company’s stock were exchanged, compared to its average volume of 58,796. The company’s 50 day simple moving average is C$1.43 and its two-hundred day simple moving average is C$1.39. Petrus Resources Ltd. has a 1-year low of C$1.21 and a 1-year high of C$1.55. The stock has a market cap of C$177.85 million, a PE ratio of 7.15 and a beta of 3.02. The company has a current ratio of 0.31, a quick ratio of 0.48 and a debt-to-equity ratio of 19.56.

Petrus Resources Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 31st will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.12 annualized dividend and a dividend yield of 8.39%. Petrus Resources’s payout ratio is presently 60.00%.

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.