Petrus Resources (OTCMKTS:PTRUF) Price Target Cut to C$3.00

Petrus Resources (OTCMKTS:PTRUF – Get Rating) had its target price reduced by research analysts at Stifel Nicolaus from C$3.25 to C$3.00 in a report released on Friday, The Fly reports.

Petrus Resources Price Performance

PTRUF stock opened at $1.27 on Friday. Petrus Resources has a 12 month low of $1.19 and a 12 month high of $2.68. The company’s 50-day moving average price is $1.55 and its two-hundred day moving average price is $1.70.

Petrus Resources Company Profile

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Petrus Resources Ltd. operates as an energy company. The firm engages in the exploitation, acquisitions, and risk-managed exploration. It focuses on the operation of all season access lands with significant infrastructure in the Ferrier and Strachan, Foothills, and Thorsby and Pembina areas of Alberta.