Petrel Resources Plc (LON:PET – Get Free Report) traded up 28.6% on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.80 ($0.02). 1,057,474 shares were traded during trading, an increase of 346% from the average session volume of 237,237 shares. The stock had previously closed at GBX 1.40 ($0.02).
Petrel Resources Trading Down 9.1 %
The firm has a market cap of £3.81 million, a price-to-earnings ratio of -7.97 and a beta of 0.57. The firm has a 50-day moving average of GBX 1.22 and a two-hundred day moving average of GBX 0.99.
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.
Further Reading
- Five stocks we like better than Petrel Resources
- What Are Dividend Challengers?
- 3 Industry Leading Stocks Just Raised Dividends by 10% or More
- What is the Shanghai Stock Exchange Composite Index?
- Twilio, Braze: The Top 2 CEP Platforms to Own in 2025
- How to Evaluate a Stock Before Buying
- Tempus AI Is a Buy, If You Can Handle the Volatility
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.
