Petrel Resources Plc (LON:PET – Get Free Report) shares traded down 5.6% during mid-day trading on Friday . The company traded as low as GBX 1.18 ($0.02) and last traded at GBX 1.18 ($0.02). 1,133,219 shares were traded during trading, an increase of 298% from the average session volume of 284,956 shares. The stock had previously closed at GBX 1.25 ($0.02).
Petrel Resources Stock Down 6.4 %
The business’s 50 day moving average price is GBX 1.30 and its 200-day moving average price is GBX 1.04. The company has a market cap of £2.58 million, a PE ratio of -5.40 and a beta of 0.57.
About Petrel Resources
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.
Featured Stories
- Five stocks we like better than Petrel Resources
- When to Sell a Stock for Profit or Loss
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- 3 Stocks to Buy While Others Stay on the Sidelines
- The How And Why of Investing in Oil Stocks
- MarketBeat Week in Review – 03/03 – 03/07
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.
