PetroTal Corp. (LON:PTAL – Get Free Report) shares were down 0.6% during mid-day trading on Thursday . The company traded as low as GBX 43.50 ($0.55) and last traded at GBX 44 ($0.56). Approximately 245,269 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 570,094 shares. The stock had previously closed at GBX 44.25 ($0.56).
PetroTal Price Performance
The company has a debt-to-equity ratio of 3.66, a current ratio of 3.65 and a quick ratio of 1.83. The company has a market capitalization of £402.80 million, a P/E ratio of 400.00 and a beta of 2.02. The firm’s 50-day moving average is GBX 44.50 and its 200-day moving average is GBX 45.73.
PetroTal Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, March 15th. Stockholders of record on Wednesday, February 28th were paid a $0.02 dividend. The ex-dividend date was Wednesday, February 28th. This represents a dividend yield of 3.67%. PetroTal’s dividend payout ratio (DPR) is 5,454.55%.
PetroTal Company Profile
PetroTal Corp. engages in the appraisal, development, and exploration of oil and natural gas in Peru, South America. Its flagship asset is its 100% owned Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp.
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