Petrus Resources Ltd.
Petrus Resources Ltd. (TSX: PRQ) is trading at CA$1.74, about ₹118 at today's CAD/INR rate, as of 25 Sep 2026, 3:59 PM ET. Indian residents can buy Petrus Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$1.72
Today's high
CA$1.74
52 week low
CA$1.55
52 week high
CA$2.30
PRQ opened at CA$1.73, closed previously at CA$1.74, and has traded between CA$1.55 and CA$2.30 over the past 52 weeks.
About
Petrus Resources Ltd. operates as a Canadian energy firm, actively involved in the acquisition, exploration, development, and eventual production of oil and gas reserves across western Canada. The company adopts a cautious approach to its exploration activities, primarily targeting deposits of natural gas, natural gas liquids, crude oil, and condensate. Petrus holds significant working interests in several key regions. Specifically, within the Ferrier/Strachan area of west-central Alberta, located near Rocky Mountain House, the company possesses an average 51% working interest in approximately 43,159 net acres. This acreage is divided into 29,219 net undeveloped and 13,940 net developed parcels. Furthermore, in the Thorsby/Pembina region, situated southwest of Edmonton, Alberta, Petrus commands an average 64% working interest across 69,042 net acres; these lands consist of 22,135 net undeveloped and 46,907 net developed portions. Another notable holding is in the Foothills area, northwest of Rocky Mountain House, Alberta, where the firm maintains an average 50% working interest over 37,435 net acres, comprising 30,748 net undeveloped and 6,687 net developed lands. The company was established in 2015, with its head office located in Calgary, Canada.
Key statistics
Avg. volume
55.19K
Market cap
CA$258.36M
P/E Ratio
-112.26
Price-to-sales ratio
2.49
Enterprise value
CA$326.25M
Free cash flow yield
-9.36%
Debt-to-equity ratio
0.21
Return on equity
-0.66%
ROIC
3.29%
Beta
1.06
Dividend yield
6.90%
Last dividend
CA$0.12
Financial overview
Revenue
CA$79.36M
Earnings per share
CA$0.08
Free cash flow
-CA$794.00K
Net profit margin
-1.99%
Gross margin
37.76%
EBITDA
CA$60.29M
Revenue growth
-2.20%
Similar securities
This is not an investment recommendation
How to buy Petrus Resources from India
Indian residents can buy Petrus Resources shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Petrus Resources and place an order
Find Petrus Resources by name or by its ticker, PRQ, and choose an order type. Petrus Resources trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Petrus Resources position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Petrus Resources from India
Trading and taxes when buying Petrus Resources from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Petrus Resources’ current yield is 6.90%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Petrus Resources stock?
Yes. Petrus Resources (PRQ) has been listed on the Toronto Stock Exchange since 2016, in the Oil & Gas Exploration & Production industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Petrus Resources share cost in rupees?
One Petrus Resources share is CA$1.74 — about ₹118 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Petrus Resources price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Petrus Resources from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Petrus Resources shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Petrus Resources price. Paasa issues a capital-gains statement for your return.
Does Petrus Resources pay a dividend, and how is it taxed in India?
Yes. Petrus Resources pays a dividend and the current yield is 6.90%; the last declared dividend was CA$0.12 per share, about ₹8.16. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Petrus Resources from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Petrus Resources shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Petrus Resources holding, its cost and its closing value.
How do I sell Petrus Resources and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Petrus Resources?
Yes. Petrus Resources is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.