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Price
Target price
€0.88

€0.88

-0.570%
-0.005
-0.570%
-
 
27.03.24 / Frankfurt WKN: A2AEE0 / Name: Petrus Resources / Stock / Oil & Gas / Micro Cap /
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Petrus Resources Ltd Stock

Petrus Resources Ltd shows a slight decrease today, losing -€0.005 (-0.570%) compared to yesterday.

Pros and Cons of Petrus Resources Ltd in the next few years

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Performance of Petrus Resources Ltd vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Petrus Resources Ltd -0.570% -2.762% 2.924% -24.786% 2.924% 225.926% 205.556%
Terrace Energy Corp. - 0.000% 12.727% -71.818% 10.714% -95.231% -96.900%
Headwater Exploration Inc. - 0.000% 10.638% 21.495% 23.223% 100.000% 1076.471%
CVW Cleantech Inc. -2.710% -2.715% 11.979% -43.421% -18.868% 53.571% -26.370%

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-06-13

In a first glance, Petrus Resources' financial statements show a mixed picture. On the one hand, there has been a steady growth in net income, gross profit, and total assets between 2020 and the first quarter of 2023. However, there are also some lingering concerns regarding the company's total liabilities, working capital, and cash flow position. A closer look at the financials reveals both the potential strengths and weaknesses of the company.

Growth in Net Income and Gross Profit: Petrus Resources has experienced a significant growth in net income from a loss of CAD 97,554,000 in 2020 to a net income of CAD 60,868,000 in 2022, indicating a substantial turnaround in the company's bottom line. Gross profit has also increased consistently from CAD 19,943,000 in 2020 to CAD 94,912,000 in 2022. These improvements in profitability could signal a healthier financial position for the company.

Increase in Total Assets: Between 2020 and 2023, Petrus Resources' total assets have more than doubled, increasing from CAD 177,914,000 to CAD 403,276,000. This growth showcases the company's ability to expand its resource base and enhance its overall value, making it a potentially attractive investment opportunity.