Petrel Resources Plc (LON:PET – Get Free Report) traded up 9.7% on Friday . The company traded as high as GBX 0.88 and last traded at GBX 0.88. 113,895 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 265,369 shares. The stock had previously closed at GBX 0.80.
Petrel Resources Stock Down 12.5%
The firm has a market cap of £1.45 million, a price-to-earnings ratio of -2.19 and a beta of 0.57. The business has a 50 day moving average of GBX 0.77 and a 200 day moving average of GBX 0.79.
Petrel Resources Company Profile
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq. Petrel Resources Plc was incorporated in 1982 and is based in Dublin, Ireland.
See Also
- Five stocks we like better than Petrel Resources
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- How a Family Trust May Be Able To Help Preserve Your Wealth
- This makes me furious
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
