Petrus Resources Ltd (TSE:PRQ) Director Don Gray bought 100,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average cost of C$1.55 per share, for a total transaction of C$155,000.00.
Petrus Resources Ltd (TSE:PRQ) traded up C$0.05 during mid-day trading on Monday, reaching C$1.62. The company’s stock had a trading volume of 110,390 shares, compared to its average volume of 30,650. Petrus Resources Ltd has a 52 week low of C$1.46 and a 52 week high of C$3.43.
A number of equities research analysts have issued reports on the company. Raymond James Financial increased their price target on Petrus Resources from C$3.00 to C$3.50 and gave the company an “outperform” rating in a research report on Thursday, October 5th. Royal Bank of Canada increased their price target on Petrus Resources from C$3.25 to C$3.50 and gave the company an “outperform” rating in a research report on Thursday, October 5th. Finally, National Bank Financial reduced their price target on Petrus Resources from C$3.25 to C$3.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 14th.
Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region.
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