Petrus Resources (TSE:PRQ) Shares Cross Below 200 Day Moving Average – Here’s Why

Posted by ABMN Staff on May 26th, 2026

Shares of Petrus Resources Ltd. (TSE:PRQ – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.87 and traded as low as C$1.74. Petrus Resources shares last traded at C$1.74, with a volume of 94,861 shares traded.

Analyst Ratings Changes

Separately, Haywood Securities set a C$2.40 target price on shares of Petrus Resources and gave the stock a “buy” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$2.40.

Read Our Latest Research Report on PRQ

Petrus Resources Price Performance

The company has a debt-to-equity ratio of 25.22, a current ratio of 0.23 and a quick ratio of 0.48. The company’s 50 day moving average is C$1.92 and its 200 day moving average is C$1.87. The stock has a market cap of C$256.38 million, a price-to-earnings ratio of 23.25 and a beta of 0.44.

Petrus Resources (TSE:PRQ – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C($0.10) EPS for the quarter. Petrus Resources had a negative net margin of 0.95% and a negative return on equity of 0.27%. The company had revenue of C$25.28 million during the quarter. Research analysts forecast that Petrus Resources Ltd. will post 0.2131148 earnings per share for the current fiscal year.

Petrus Resources Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 29th will be paid a $0.01 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 6.9%.

About Petrus Resources

(Get Free Report)

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.