Shares of Petrus Resources Ltd. (TSE:PRQ – Get Rating) hit a new 52-week low during mid-day trading on Tuesday after Stifel Nicolaus lowered their price target on the stock from C$3.00 to C$2.25. The company traded as low as C$1.43 and last traded at C$1.45, with a volume of 30100 shares trading hands. The stock had previously closed at C$1.50.
Petrus Resources Price Performance
The company has a quick ratio of 0.48, a current ratio of 0.58 and a debt-to-equity ratio of 11.33. The firm has a market cap of C$185.57 million, a PE ratio of 3.06 and a beta of 3.17. The stock has a 50 day moving average price of C$1.73 and a two-hundred day moving average price of C$2.14.
Petrus Resources Company Profile
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. The company focuses on risk-managed exploration. It primarily explores for natural gas, natural gas liquids, and crude oil and condensate.
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