Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report)’s stock price dropped 6.6% during mid-day trading on Tuesday . The stock traded as low as C$0.97 and last traded at C$0.99. 349,961 shares were traded during trading, an increase of 16% from the average daily volume of 301,056 shares. The stock had previously closed at C$1.06.
Eco Atlantic Oil & Gas Price Performance
The company has a fifty day moving average of C$1.01 and a 200-day moving average of C$0.95. The firm has a market cap of C$346.21 million, a P/E ratio of -43.04 and a beta of 0.12.
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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