Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) shot up 6.4% on Wednesday . The company traded as high as C$1.19 and last traded at C$1.17. 121,570 shares were traded during trading, a decline of 69% from the average session volume of 397,810 shares. The stock had previously closed at C$1.10.
Eco Atlantic Oil & Gas Stock Down 1.7%
The business’s 50 day moving average is C$1.08 and its two-hundred day moving average is C$0.68. The firm has a market cap of C$412.07 million, a P/E ratio of -393.33 and a beta of 0.13.
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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