Petrel Resources Plc (LON:PET – Get Free Report)’s stock price was up 16.4% on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.63 ($0.02). Approximately 1,065,037 shares traded hands during mid-day trading, an increase of 349% from the average daily volume of 237,453 shares. The stock had previously closed at GBX 1.40 ($0.02).
Petrel Resources Price Performance
The stock has a market cap of £3.60 million, a P/E ratio of -7.52 and a beta of 0.57. The stock’s 50 day simple moving average is GBX 1.21 and its two-hundred day simple moving average is GBX 0.97.
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.
See Also
- Five stocks we like better than Petrel Resources
- Comparing and Trading High PE Ratio Stocks
- Finding Hidden Gems: Unconventional Penny Stock Investing
- How to Capture the Benefits of Dividend Increases
- Price Targets on NVIDIA Rise in Front of Earnings
- What is the NASDAQ Stock Exchange?
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
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.
