Petrel Resources Plc (LON:PET – Get Free Report)’s share price traded up 47.4% during trading on Thursday . The stock traded as high as GBX 1.38 ($0.02) and last traded at GBX 1.29 ($0.02). 1,071,482 shares traded hands during trading, an increase of 89% from the average session volume of 565,551 shares. The stock had previously closed at GBX 0.88 ($0.01).
Petrel Resources Stock Performance
The firm has a 50-day moving average price of GBX 0.90 and a 200 day moving average price of GBX 1.38. The stock has a market capitalization of £2.36 million, a P/E ratio of -7.17 and a beta of 0.57.
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.
Read More
- Five stocks we like better than Petrel Resources
- What is a Secondary Public Offering? What Investors Need to Know
- How Much Can You Make in Stocks in One Month?
- Why Are Stock Sectors Important to Successful Investing?
- This Is the Top Large-Cap Stock Insiders Are Buying
- Transportation Stocks Investing
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
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.
