Petrel Resources Plc (LON:PET – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01), with a volume of 7166 shares traded. The stock had previously closed at GBX 0.95 ($0.01).
Petrel Resources Trading Down 15.8 %
The firm has a market capitalization of £1.47 million, a P/E ratio of -7.17 and a beta of 0.57. The company’s fifty day simple moving average is GBX 0.90 and its 200 day simple moving average is GBX 1.35.
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.
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