RBC Capital Thinks Petrus Resources’ Stock is Going to Recover


In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Petrus Resources (TSX: PRQ). Today, analyst Keith Mackey gave a Buy rating to PRQ and set a C$1.50 price target.

According to TipRanks.com, Mackey is ranked #4722 out of 4850 analysts.

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Petrus Resources has an analyst consensus of Moderate Buy, with a price target consensus of C$1.50.

Petrus Resources’ market cap is currently C$38.11M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.26.

Petrus Resources Ltd. operates as an energy company, which engages in exploitation, strategic acquisitions and risk-managed exploration. It operates in the following areas: Ferrier, Central Alberta, and the central Rocky Mountain foothills. The company was founded on December 13, 2010 and is headquartered in Calgary, Canada.

The company’s shares closed on Friday at C$0.87, close to its 52-week low of C$0.75.

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