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1 Comment
Petrel Resources Plc is currently in a long term downtrend where the price is trading 10.5% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.
Based on the above factors, Petrel Resources Plc gets an overall score of 1/5.
Sector | Energy |
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Industry | Oil & Gas E&P |
Exchange | LSE |
CurrencyCode | GBP |
ISIN | IE0001340177 |
Market Cap | 2M |
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PE Ratio | None |
Target Price | 0.2 |
Beta | 0.61 |
Dividend Yield | None |
Petrel Resources Plc, together with its subsidiaries, engages in oil and gas exploration in Ghana and Iraq. It holds a 30% working interest in the Tano 2A block, covering an area of 1,532 square kilometers in Ghana, and interests in the Western Desert Block 6 located in Iraq. The company was incorporated in 1982 and is based in Dublin, Ireland.
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