Don Gray Acquires 100,000 Shares of Petrus Resources Ltd (PRQ) Stock

Petrus Resources Ltd (TSE:PRQ) Director Don Gray bought 100,000 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was acquired at an average cost of C$1.55 per share, for a total transaction of C$155,000.00.

Shares of Petrus Resources Ltd (PRQ) opened at C$1.59 on Wednesday. Petrus Resources Ltd has a fifty-two week low of C$1.46 and a fifty-two week high of C$3.43.

PRQ has been the subject of a number of recent analyst reports. National Bank Financial lowered their price target on shares of Petrus Resources from C$3.00 to C$2.25 and set an “outperform” rating for the company in a report on Monday. Royal Bank of Canada lowered their price target on shares of Petrus Resources from C$3.25 to C$2.75 and set an “outperform” rating for the company in a report on Monday. Finally, Raymond James Financial raised their price target on shares of Petrus Resources from C$3.00 to C$3.50 and gave the company an “outperform” rating in a report on Thursday, October 5th.

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About Petrus Resources

Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region.

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