▼ -46.81% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Petrus Resources Ltd. (PRQ.TO) in the last 3 months. The average price target is C$0.13, with a high forecast of C$0.20 and a low forecast of C$0.05. The average price target represents a -46.81% upside from the last price of C$0.24.
The current consensus among 3 investment analysts is to hold stock in Petrus Resources Ltd. (PRQ.TO). This Hold consensus rating has held steady for over two years.
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. It primarily explores for natural gas, natural gas liquids, and crude oil. The company primarily holds a 54% working interest in the Ferrier/Strachan Area, which include 28,931 net acres of undeveloped and 13,631 net acres of developed land located in west central Alberta near the town of Rocky Mountain House, Alberta. It also has an average of 63% working interest in the Thorsby/Pembina area covering 23,719 net acres of undeveloped land and 46,925 net acres of developed land located in southwest of Edmonton, Alberta; and an average of 50% working interest in the Foothills area that consists of 32,088 net acres of undeveloped land and 6,847 net acres of developed land located northwest of Rocky Mountain House, Alberta. Petrus Resources Ltd. is headquartered in Calgary, Canada.