Petrel Resources Plc (LON:PET – Get Free Report)’s stock price was down 11.4% on Tuesday . The stock traded as low as GBX 0.75 and last traded at GBX 0.75. Approximately 116,250 shares were traded during trading, a decline of 62% from the average session volume of 303,091 shares. The stock had previously closed at GBX 0.85.
Petrel Resources Stock Performance
The firm has a 50-day moving average price of GBX 0.86 and a 200-day moving average price of GBX 0.84. The stock has a market cap of £1.56 million, a PE ratio of -3.01 and a beta of 0.50.
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. Petrel Resources Plc was incorporated in 1982 and is based in Dublin, Ireland.
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