Mathew Wong sells 13,400 shares of Petrus Resources Ltd. (TSE:PRQ) Stock

Petrus Resources Ltd. (EAST: PRQGet a rating) Senior officer Mathew Wong sold 13,400 shares of the company in a trade on Thursday, May 19. The shares were sold at an average price of CA$2.23, for a total transaction of CA$29,882.00. Following the sale, the insider now owns 11,058 shares of the company, valued at C$24,659.34.

Mathew Wong also recently made the following trade(s):

  • On Tuesday May 17, Mathew Wong sold 2,800 shares of Petrus Resources. The shares were sold at an average price of CA$2.30, for a total transaction of CA$6,440.00.

Shares of EAST: PRQ was trading down C$0.10 in midday trading on Monday, hitting C$2.23. The company had a trading volume of 52,815 shares, compared to an average volume of 213,215. The company has a leverage ratio of 34.79, a current ratio of 0.20 and a quick ratio of 0.20. The company has a market capitalization of C$271.39 million and a price-to-earnings ratio of 1.27. Petrus Resources Ltd. has a 12-month low of C$0.41 and a 12-month high of C$2.72. The company has a fifty-day moving average of C$2.12 and a two-hundred-day moving average of C$1.49.

Petrus Resources (EAST: PRQGet a rating) last released its quarterly earnings data on Thursday, March 3. The company reported EPS of C$0.10 for the quarter, beating the consensus estimate of C$0.02 by C$0.08. The company recorded revenue of C$25.07 million during the quarter. Research analysts expect Petrus Resources Ltd. shows earnings per share of -0.01 for the current fiscal year.

Separately, Stifel Nicolaus raised his price target on Petrus Resources from C$2.80 to C$3.00 in a research note on Thursday.

About Petrus Resources (Get a rating)

Petrus Resources Ltd., an energy company, is engaged in the acquisition, exploration, development and operation of oil and gas development assets in Western Canada. The company focuses on risk-managed exploration. It mainly explores natural gas, natural gas liquids, crude oil and condensates.

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