Eco Atlantic Oil & Gas Ltd (CVE:EOG)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$2.91 and last traded at C$2.68, with a volume of 305230 shares. The stock had previously closed at C$2.85.
The company has a market cap of $525.54 million and a P/E ratio of -116.52. The firm has a 50 day moving average price of C$1.90 and a 200-day moving average price of C$1.58.
Eco Atlantic Oil & Gas (CVE:EOG) last issued its quarterly earnings data on Monday, July 29th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$0.04 million during the quarter. Equities analysts forecast that Eco Atlantic Oil & Gas Ltd will post -0.1 earnings per share for the current fiscal year.
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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