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

Petrus Resources Ltd. (TSE:PRQ) declared a monthly dividend on Friday, November 15th,Zacks Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.01 per share on Friday, November 29th. This represents a $0.12 dividend on an annualized basis and a yield of 8.28%. The ex-dividend date of this dividend is Friday, November 15th.

Petrus Resources Price Performance

PRQ stock opened at C$1.45 on Wednesday. The company’s 50-day moving average price is C$1.40 and its two-hundred day moving average price is C$1.37. The firm has a market cap of C$180.34 million, a P/E ratio of 7.10 and a beta of 3.02. The company has a quick ratio of 0.48, a current ratio of 0.31 and a debt-to-equity ratio of 19.56. Petrus Resources has a 12 month low of C$1.20 and a 12 month high of C$1.51.

About Petrus Resources

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.