Petrel Resources (LON:PET) Sets New 1-Year Low at $0.80

Petrel Resources Plc (LON:PETGet 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

(Get Free Report)

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

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.