Petrus Resources Ltd. (TSE:PRQ – Get Rating) Senior Officer Mathew Wong sold 13,400 shares of the business’s stock in a transaction on Thursday, May 19th. The shares were sold at an average price of C$2.23, for a total transaction of C$29,882.00. Following the sale, the insider now owns 11,058 shares of the company’s stock, valued at C$24,659.34.

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

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

Shares of TSE:PRQ traded down C$0.10 during midday trading on Monday, hitting C$2.23. The company had a trading volume of 52,815 shares, compared to its average volume of 213,215. The company has a debt-to-equity ratio of 34.79, a current ratio of 0.20 and a quick ratio of 0.20. The company has a market cap 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 (TSE:PRQ – Get Rating) last posted its quarterly earnings data on Thursday, March 3rd. The company reported C$0.10 EPS for the quarter, topping the consensus estimate of C$0.02 by C$0.08. The company had revenue of C$25.07 million during the quarter. Research analysts expect that Petrus Resources Ltd. will post -0.01 earnings per share for the current fiscal year.

Separately, Stifel Nicolaus upped their price objective on Petrus Resources from C$2.80 to C$3.00 in a research note on Thursday.

About Petrus Resources (Get Rating)

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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