Petrus Resources (TSE:PRQ) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Posted by Latisha Jones on Jun 12th, 2026

Petrus Resources Ltd. (TSE:PRQ – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.87 and traded as low as C$1.72. Petrus Resources shares last traded at C$1.77, with a volume of 60,629 shares traded.

Analyst Upgrades and Downgrades

Separately, Haywood Securities set a C$2.40 target price on Petrus Resources and gave the stock a “buy” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$2.40.

Check Out Our Latest Analysis on PRQ

Petrus Resources Stock Up 2.3%

The stock has a fifty day moving average price of C$1.86 and a 200 day moving average price of C$1.87. The company has a debt-to-equity ratio of 25.22, a current ratio of 0.23 and a quick ratio of 0.48. The stock has a market capitalization of C$260.80 million, a P/E ratio of 23.25 and a beta of 0.29.

Petrus Resources (TSE:PRQ – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C($0.10) EPS for the quarter. Petrus Resources had a negative return on equity of 0.27% and a negative net margin of 0.95%.The company had revenue of C$25.28 million during the quarter. On average, research analysts forecast that Petrus Resources Ltd. will post 0.2131148 earnings per share for the current year.

Petrus Resources Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a c) annualized dividend and a yield of 6.8%.

About Petrus Resources

(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.