PetroTal Corp. (LON:PTAL - Get Free Report) shares traded up 4.3% during mid-day trading on Wednesday . The company traded as high as GBX 36.10 ($0.44) and last traded at GBX 36.09 ($0.44). 1,338,782 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 1,638,776 shares. The stock had previously closed at GBX 34.60 ($0.43).
PetroTal Stock Up 1.4 %
The firm has a market capitalization of £333.68 million, a price-to-earnings ratio of 331.82 and a beta of 1.90. The stock has a fifty day moving average of GBX 34.15 and a two-hundred day moving average of GBX 37.59. The company has a debt-to-equity ratio of 5.22, a current ratio of 2.55 and a quick ratio of 1.83.
PetroTal Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a $0.02 dividend. This represents a dividend yield of 3.22%. The ex-dividend date was Friday, November 29th. PetroTal's dividend payout ratio is currently 4,545.45%.
About PetroTal
(
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PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.
PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018.
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