PetroTal Corp. (LON:PTAL – Get Free Report) traded down 1.5% during mid-day trading on Thursday . The company traded as low as GBX 47.50 ($0.59) and last traded at GBX 48.25 ($0.60). 209,535 shares were traded during mid-day trading, a decline of 64% from the average session volume of 588,901 shares. The stock had previously closed at GBX 49 ($0.61).
PetroTal Stock Down 1.5 %
The company has a market capitalization of £441.70 million, a price-to-earnings ratio of 482.50 and a beta of 2.02. The company has a quick ratio of 1.83, a current ratio of 2.49 and a debt-to-equity ratio of 6.22. The business has a 50-day moving average price of GBX 44.99 and a 200-day moving average price of GBX 45.72.
PetroTal Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 15th. Shareholders of record on Wednesday, February 28th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a yield of 3.67%. PetroTal’s payout ratio is presently 6,000.00%.
About PetroTal
PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.
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