Petrel Resources Plc (LON:PET – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.97 ($0.01) and traded as low as GBX 0.75 ($0.01). Petrel Resources shares last traded at GBX 0.75 ($0.01), with a volume of 580,000 shares.
Petrel Resources Trading Down 11.8%
The stock’s fifty day moving average price is GBX 0.84 and its 200-day moving average price is GBX 0.97. The firm has a market cap of £1.56 million, a price-to-earnings ratio of -288.46 and a beta of 0.57.
Petrel Resources Company Profile
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
- How to Use the MarketBeat Excel Dividend Calculator
- Datavault AI: The New AI Contender Backed by Big Funding
- What is a Dividend King?
- CoreWeave: Why the New King of AI Infrastructure Has Room to Run
- How to Effectively Use the MarketBeat Ratings Screener
- Top 3 Dividend Achievers for October: High Yields, Growth Ahead
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.
