Petrus Resources (OTCMKTS:PTRUF) Stock Price Down 1.1% – What’s Next?

Petrus Resources Ltd. (OTCMKTS:PTRUF) fell 1.1% during mid-day trading on Thursday . The company traded as low as $0.98 and last traded at $1.01. 16,298 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 19,697 shares. The stock had previously closed at $1.02.

Petrus Resources Stock Performance

The stock has a 50-day simple moving average of $1.02 and a 200 day simple moving average of $1.00.

Petrus Resources Company Profile

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.