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

Petrus Resources Ltd. (TSE:PRQ) declared a monthly dividend on Monday, November 4th, Zacks reports. Stockholders of record on Friday, November 15th 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 dividend yield of 8.28%. The ex-dividend date of this dividend is Friday, November 15th.

Petrus Resources Price Performance

TSE PRQ remained flat at C$1.45 during trading on Wednesday. 5,600 shares of the company’s stock were exchanged, compared to its average volume of 51,723. Petrus Resources has a 1-year low of C$1.11 and a 1-year high of C$1.51. The company has a debt-to-equity ratio of 19.56, a quick ratio of 0.48 and a current ratio of 0.31. The stock has a market cap of C$180.34 million, a price-to-earnings ratio of 7.25 and a beta of 3.02. The company has a 50-day simple moving average of C$1.39 and a 200 day simple moving average of C$1.37.

Petrus Resources (TSE:PRQ) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$23.15 million for the quarter. Petrus Resources had a net margin of 28.06% and a return on equity of 8.65%. Research analysts expect that Petrus Resources will post 0.2131148 earnings per share for the current fiscal year.

Petrus Resources Company Profile

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.