Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report)’s share price dropped 3% during mid-day trading on Wednesday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 201,000 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 126,367 shares. The stock had previously closed at C$0.17.
Eco Atlantic Oil & Gas Trading Down 3.0 %
The firm’s fifty day simple moving average is C$0.18 and its 200 day simple moving average is C$0.19. The company has a market cap of C$36.46 million, a price-to-earnings ratio of -1.92 and a beta of 1.93.
Eco Atlantic Oil & Gas Company Profile
Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.
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