Petrus Resources (TSE:PRQ) Releases Earnings Results

Petrus Resources (TSE:PRQ) announced its earnings results on Wednesday. The company reported C($0.10) earnings per share (EPS) for the quarter, FiscalAI reports. Petrus Resources had a return on equity of 3.44% and a net margin of 12.74%.The company had revenue of C$25.28 million for the quarter.

Petrus Resources Price Performance

TSE PRQ remained flat at C$1.95 on Friday. The company’s stock had a trading volume of 9,323 shares, compared to its average volume of 109,458. The company has a quick ratio of 0.48, a current ratio of 0.41 and a debt-to-equity ratio of 20.51. Petrus Resources has a 12-month low of C$1.25 and a 12-month high of C$2.30. The company has a market cap of C$287.49 million, a price-to-earnings ratio of 24.38 and a beta of 0.44. The company’s fifty day moving average price is C$1.92 and its 200 day moving average price is C$1.86.

Petrus Resources Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.01 per share. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date is Friday, May 15th. Petrus Resources’s payout ratio is presently 150.00%.

About Petrus Resources

Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company’s core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.