Shares of Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) rose 21% during trading on Tuesday. The stock traded as high as C$0.78 and last traded at C$0.75. Approximately 114,622 shares were traded during trading, a decline of 54% from the average session volume of 248,888 shares. The stock had previously closed at C$0.62.
Eco Atlantic Oil & Gas Stock Up 21.0%
The stock has a market capitalization of C$262.28 million, a PE ratio of -32.61 and a beta of -0.34. The stock’s 50-day moving average is C$0.85 and its 200 day moving average is C$0.98.
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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