Eco Atlantic Oil & Gas (CVE:EOG) Sets New 12-Month High at $2.16
Eco Atlantic Oil & Gas Ltd (CVE:EOG)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$2.16 and last traded at C$2.14, with a volume of 723377 shares changing hands. The stock had previously closed at C$1.94.
The firm has a market capitalization of $355.21 million and a PE ratio of 80.00. The firm has a 50-day simple moving average of C$1.37 and a 200-day simple moving average of C$1.43.
Eco Atlantic Oil & Gas (CVE:EOG) last announced its earnings results on Monday, July 29th. The company reported C($0.04) earnings per share (EPS) for the quarter. The business had revenue of C$0.04 million during the quarter. As a group, equities analysts forecast that Eco Atlantic Oil & Gas Ltd will post -0.1 earnings per share for the current 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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