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

Petrus Resources Ltd. (TSE:PRQ) declared a monthly dividend on Monday, August 17th, TickerTech Dividends reports. Stockholders of record on Friday, August 28th will be given a dividend of 0.01 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Monday, August 17th.

Petrus Resources Price Performance

Shares of TSE PRQ opened at C$1.85 on Friday. The company has a debt-to-equity ratio of 20.95, a current ratio of 0.45 and a quick ratio of 0.48. The business has a 50-day moving average of C$1.72 and a 200-day moving average of C$1.82. The stock has a market capitalization of C$274.70 million, a price-to-earnings ratio of -92.50 and a beta of 0.26. Petrus Resources has a fifty-two week low of C$1.43 and a fifty-two week high of C$2.30.

Petrus Resources (TSE:PRQ) last released its earnings results on Thursday, August 6th. The company reported C$0.06 earnings per share (EPS) for the quarter. The business had revenue of C$32.63 million for the quarter. Petrus Resources had a negative return on equity of 0.66% and a negative net margin of 1.99%. As a group, sell-side analysts predict that Petrus Resources will post 0.2131148 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Haywood Securities set a C$2.40 target price on shares of Petrus Resources and gave the stock a “buy” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average 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.