Petrel Resources Plc (LON:PET – Get Free Report)’s share price traded up 17.5% during mid-day trading on Wednesday . The company traded as high as GBX 1.58 ($0.02) and last traded at GBX 1.41 ($0.02). 838,985 shares traded hands during mid-day trading, an increase of 272% from the average session volume of 225,409 shares. The stock had previously closed at GBX 1.20 ($0.02).
Petrel Resources Stock Performance
The company has a market capitalization of £3.09 million, a PE ratio of -6.46 and a beta of 0.57. The company’s 50-day moving average is GBX 1.21 and its 200 day moving average is GBX 0.97.
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 Articles
- Five stocks we like better than Petrel Resources
- Using the MarketBeat Dividend Yield Calculator
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- The Basics of Support and Resistance
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- NYSE Stocks Give Investors a Variety of Quality Options
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
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.
