Eco Atlantic Oil & Gas (CVE:EOG) Trading Up 2.9% – Still a Buy?

Eco Atlantic Oil & Gas Ltd (CVE:EOGGet Free Report) traded up 2.9% during trading on Monday . The stock traded as high as C$1.09 and last traded at C$1.07. Approximately 109,470 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 322,912 shares. The stock had previously closed at C$1.04.

Eco Atlantic Oil & Gas Trading Up 2.9%

The company has a market capitalization of C$374.19 million, a P/E ratio of -356.67 and a beta of 0.12. The firm’s 50 day moving average price is C$1.02 and its two-hundred day moving average price is C$0.88.

Eco Atlantic Oil & Gas Company Profile

(Get Free Report)

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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