Eco Atlantic Oil & Gas (CVE:EOG) Shares Up 1.3% – Here’s Why

Shares of Eco Atlantic Oil & Gas Ltd (CVE:EOGGet Free Report) traded up 1.3% during mid-day trading on Tuesday . The stock traded as high as C$0.79 and last traded at C$0.77. 56,308 shares were traded during trading, a decline of 79% from the average daily volume of 268,009 shares. The stock had previously closed at C$0.76.

Eco Atlantic Oil & Gas Price Performance

The company has a market capitalization of C$281.52 million, a PE ratio of -35.00 and a beta of -0.02. The stock has a 50-day simple moving average of C$0.97 and a 200 day simple moving average of C$1.00.

Eco Atlantic Oil & Gas Company Profile

(Get Free Report)

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.

Further Reading

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