Petrus Resources (TSE:PRQ) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jun 3rd, 2026

Petrus Resources Ltd. (TSE:PRQ – Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.91 and traded as low as C$1.73. Petrus Resources shares last traded at C$1.75, with a volume of 76,442 shares.

Wall Street Analysts Forecast Growth

Separately, Haywood Securities set a C$2.40 price target on shares of Petrus Resources and gave the stock a “buy” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$2.40.

View Our Latest Research Report on Petrus Resources

Petrus Resources Trading Up 1.2%

The stock has a market capitalization of C$257.86 million, a price-to-earnings ratio of 23.25 and a beta of 0.44. The company’s 50-day moving average is C$1.91 and its 200-day moving average is C$1.87. The company has a quick ratio of 0.48, a current ratio of 0.23 and a debt-to-equity ratio of 25.22.

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

Petrus Resources Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 29th were given a dividend of $0.01 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date was Friday, May 15th.

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.