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

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Wednesday, July 15th, TickerTech Dividends reports. Shareholders of record on Friday, July 31st will be paid a dividend of 0.01 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

Petrus Resources Stock Performance

Petrus Resources stock opened at C$1.70 on Monday. The stock’s 50-day moving average is C$1.75 and its 200-day moving average is C$1.84. The company has a market cap of C$252.42 million, a price-to-earnings ratio of 23.25 and a beta of 0.26. The company has a debt-to-equity ratio of 25.22, a current ratio of 0.23 and a quick ratio of 0.48. Petrus Resources has a 12 month low of C$1.40 and a 12 month high of C$2.30.

Petrus Resources (TSE:PRQ) last issued its earnings results on Wednesday, May 6th. The company reported C($0.10) earnings per share (EPS) for the quarter. The firm had revenue of C$25.28 million for the quarter. Petrus Resources had a negative return on equity of 0.27% and a negative net margin of 0.95%. Equities analysts anticipate that Petrus Resources will post 0.2131148 earnings per share for the current year.

Insider Transactions at Petrus Resources

In other Petrus Resources news, Director Donald Gordon Cormack sold 24,000 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of C$1.66, for a total value of C$39,840.00. Following the completion of the sale, the director owned 620 shares of the company’s stock, valued at C$1,029.20. This trade represents a 97.48% decrease in their ownership of the stock. Insiders have purchased a total of 29,100 shares of company stock valued at $47,156 over the last three months. 75.21% of the stock is owned by company insiders.

About Petrus Resources

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.