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

Petrus Resources Ltd. (TSE:PRQ) declared a monthly dividend on Monday, November 4th, Zacks reports. Shareholders of record on Friday, November 15th will be paid 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 is Friday, November 15th.

Petrus Resources Price Performance

Shares of PRQ remained flat at C$1.45 during trading hours on Wednesday. The company had a trading volume of 5,600 shares, compared to its average volume of 51,723. The firm has a 50 day moving average price of C$1.39 and a two-hundred day moving average price of C$1.37. Petrus Resources has a one year low of C$1.11 and a one year high of C$1.51. The company 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 debt-to-equity ratio of 19.56, a current ratio of 0.31 and a quick ratio of 0.48.

Petrus Resources (TSE:PRQ) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.02 EPS for the quarter. Petrus Resources had a net margin of 28.06% and a return on equity of 8.65%. The business had revenue of C$23.15 million for the quarter. As a group, analysts anticipate that Petrus Resources will post 0.2131148 EPS for the current fiscal year.

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.