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Petrus Resources Ltd. (TSE:PRQ) target price lowered to $3.00, issued a report today by National Bank Financial

Petrus Resources Ltd. (TSE:PRQ) had its target price lowered to $3.00 by National Bank Financial in a report released 11/14/2017. The new target price indicates a possible upside of 0.27% based on the company's last closing price.

Previously on 10/05/2017, RBC Capital Markets reported on Petrus Resources Ltd. (TSE:PRQ) raised the target price from $3.25 to $3.50. At the time, this indicated a possible upside of 0.30%.

Yesterday Petrus Resources Ltd. (TSE:PRQ) traded 0.00% even at $2.36. The company’s 50-day moving average is $2.57 and its 200-day moving average is $2.57. The last closing price is down 5.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 38,300 shares of the stock were exchanged, up from an average trading volume of 34,872

See Chart Below

Petrus Resources Ltd. (TSE:PRQ)

Petrus Resources Ltd. has a 52 week low of $1.75 and a 52 week high of $3.43 The company’s market cap is currently $0.

General Information About Petrus Resources Ltd. (TSE:PRQ)

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. The Company's Ferrier area's features include Glauconitic, Belly River and Mannville plays. The Company owns various oil and gas producing properties in southwest of Edmonton. The Company owns oil and gas producing properties along the foothills trend in the vicinity of Hinton, stretching from Cordel / Stolberg in the south to Cabin Creek in the north. The Company's subsidiaries include Petrus Resources Corp. and Petrus Resources Inc.

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