Petrus Resources Ltd. (OTCMKTS:PTRUF – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,009 shares, a decline of 97.6% from the September 30th total of 125,769 shares. Based on an average trading volume of 9,603 shares, the short-interest ratio is currently 0.3 days.
Petrus Resources Price Performance
PTRUF remained flat at $1.23 during midday trading on Monday. Petrus Resources has a 1 year low of $1.14 and a 1 year high of $1.64. The business’s fifty day moving average price is $1.26 and its 200 day moving average price is $1.30.
Petrus Resources Company Profile
Petrus Resources Ltd. is a Canadian oil and natural gas company focused on the acquisition, development and production of petroleum and natural gas assets. The company’s operations are centered in Alberta and form part of the Western Canadian Sedimentary Basin.
Petrus has historically pursued a balanced production portfolio that includes crude oil, condensate, natural gas liquids and natural gas. Its activities have included drilling, completing and operating wells, as well as developing infrastructure to support the gathering, processing and transportation of hydrocarbons.
The company has primarily served the Canadian energy market through its Alberta-based operations.
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