Shares of Eco Atlantic Oil & Gas Ltd (CVE:EOG – Get Free Report) fell 2.8% during trading on Tuesday. The stock traded as low as C$0.70 and last traded at C$0.70. Approximately 26,069 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 252,051 shares. The stock had previously closed at C$0.72.
Eco Atlantic Oil & Gas Stock Performance
The firm has a market cap of C$234.31 million, a price-to-earnings ratio of -29.13 and a beta of -0.34. The company’s fifty day moving average is C$0.87 and its two-hundred day moving average is C$0.99.
About Eco Atlantic Oil & Gas
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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