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

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Friday, March 14th, TickerTech Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.015 per share on Monday, March 31st. This represents a $0.18 annualized dividend and a yield of 11.25%. The ex-dividend date of this dividend is Friday, March 14th.

InPlay Oil Trading Up 1.3 %

TSE IPO traded up C$0.02 during trading on Wednesday, hitting C$1.60. The stock had a trading volume of 88,070 shares, compared to its average volume of 175,147. InPlay Oil has a one year low of C$1.45 and a one year high of C$2.57. The stock has a 50 day simple moving average of C$1.69 and a 200 day simple moving average of C$1.83. The stock has a market capitalization of C$143.77 million, a price-to-earnings ratio of 7.64 and a beta of 2.37. The company has a debt-to-equity ratio of 20.44, a quick ratio of 0.51 and a current ratio of 0.61.

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their price target on InPlay Oil from C$3.25 to C$3.00 in a research note on Friday, November 15th.

InPlay Oil Company Profile

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.