PetroTal (OTCMKTS:PTALF) Shares Down 3.1% – Should You Sell?

PetroTal Corp. (OTCMKTS:PTALF)’s stock price dropped 3.1% on Friday . The company traded as low as $0.41 and last traded at $0.41. Approximately 162,457 shares were traded during trading, a decline of 22% from the average daily volume of 207,715 shares. The stock had previously closed at $0.42.

PetroTal Stock Performance

The business’s 50 day simple moving average is $0.47 and its two-hundred day simple moving average is $0.50.

PetroTal Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.015 per share. The ex-dividend date was Friday, November 29th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 14.63%.

PetroTal Company Profile

PetroTal Corp. engages in the development and exploration of oil and natural gas in Peru, South America. Its flagship property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018.