InPlay Oil Corp. (TSE:IPO) Announces Monthly Dividend of $0.02

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.015 per share on Friday, February 28th. This represents a $0.18 dividend on an annualized basis and a yield of 10.34%. The ex-dividend date is Friday, February 14th.

InPlay Oil Stock Performance

Shares of TSE IPO remained flat at C$1.74 during midday trading on Wednesday. 26,435 shares of the stock traded hands, compared to its average volume of 81,537. The stock has a market cap of C$156.81 million, a price-to-earnings ratio of 6.00 and a beta of 2.37. The company has a quick ratio of 0.51, a current ratio of 1.00 and a debt-to-equity ratio of 19.86. The company’s 50 day simple moving average is C$1.70 and its two-hundred day simple moving average is C$1.91. InPlay Oil has a one year low of C$1.52 and a one year high of C$2.57.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on shares of InPlay Oil from C$3.25 to C$3.00 in a report on Friday, November 15th.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.