PetroTal Corp. (LON:PTAL – Get Free Report) shares shot up 4.3% on Wednesday . The stock traded as high as GBX 36.10 ($0.45) and last traded at GBX 36.09 ($0.45). 1,338,782 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 1,638,776 shares. The stock had previously closed at GBX 34.60 ($0.43).
PetroTal Price Performance
The business’s fifty day simple moving average is GBX 34.16 and its 200-day simple moving average is GBX 37.59. The firm has a market cap of £329.93 million, a P/E ratio of 328.09 and a beta of 1.90. The company has a current ratio of 2.55, a quick ratio of 1.83 and a debt-to-equity ratio of 5.22.
PetroTal Dividend Announcement
The business also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a $0.02 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 3.22%. PetroTal’s dividend payout ratio (DPR) is presently 4,545.45%.
About PetroTal
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.
PetroTal’s flagship asset is its 100% working interest in Bretana oil field in Peru’s Block 95 where oil production was initiated in June 2018.
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