InPlay Oil Corp (TSE:IPO) to Post FY2020 Earnings of $0.10 Per Share, Beacon Securities Forecasts

InPlay Oil Corp (TSE:IPO) – Equities researchers at Beacon Securities issued their FY2020 EPS estimates for InPlay Oil in a research note issued to investors on Tuesday, July 9th. Beacon Securities analyst K. Wilson anticipates that the company will post earnings of $0.10 per share for the year.

Separately, National Bank Financial reduced their price objective on Yangarra Resources from C$5.50 to C$5.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 25th.

TSE:IPO opened at C$0.63 on Wednesday. The company has a 50-day simple moving average of C$0.76. The firm has a market capitalization of $43.00 million and a price-to-earnings ratio of -4.77. The company has a quick ratio of 0.40, a current ratio of 0.55 and a debt-to-equity ratio of 27.33. InPlay Oil has a twelve month low of C$0.56 and a twelve month high of C$1.90.

InPlay Oil (TSE:IPO) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$0.02 earnings per share for the quarter. The business had revenue of C$19.21 million during the quarter.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, and development of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It primarily holds interests in the Caradium Formation in the Pembina and Willesden Green pools located in West Central Alberta.

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