Shares of PetroTal Corp. (LON:PTAL – Get Free Report) traded up 0.1% during trading on Thursday . The stock traded as high as GBX 38 ($0.47) and last traded at GBX 37.80 ($0.47). 542,764 shares were traded during mid-day trading, a decline of 48% from the average session volume of 1,039,638 shares. The stock had previously closed at GBX 37.75 ($0.47).
PetroTal Price Performance
The company has a market capitalization of £345.57 million, a P/E ratio of 343.64 and a beta of 1.90. The business’s 50-day moving average is GBX 35.04 and its two-hundred day moving average is GBX 37.20. The company has a quick ratio of 1.83, a current ratio of 2.55 and a debt-to-equity ratio of 5.22.
PetroTal Dividend Announcement
The company also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.02 per share. The ex-dividend date was Friday, November 29th. This represents a dividend yield of 3.22%. PetroTal’s dividend payout ratio is currently 4,545.45%.
About PetroTal
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.
PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.
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