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

Petrus Resources Ltd. (TSE:PRQ) announced a monthly dividend on Tuesday, June 16th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.01 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, June 16th.

Petrus Resources Stock Up 2.3%

Shares of Petrus Resources stock opened at C$1.77 on Friday. The business’s 50 day simple moving average is C$1.86 and its 200 day simple moving average is C$1.87. Petrus Resources has a 52-week low of C$1.27 and a 52-week high of C$2.30. The firm has a market cap of C$260.80 million, a PE ratio of 23.25 and a beta of 0.29. The company has a debt-to-equity ratio of 25.22, a quick ratio of 0.48 and a current ratio of 0.23.

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

Analyst Upgrades and Downgrades

Separately, Haywood Securities set a C$2.40 price target 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.com, the stock currently has a consensus rating of “Buy” and an average target price of C$2.40.

Petrus Resources Company Profile

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.