Eco Atlantic Oil & Gas (CVE:EOG) Trading 5.5% Higher

Eco Atlantic Oil & Gas Ltd (CVE:EOG)’s stock price traded up 5.5% during trading on Tuesday . The stock traded as high as C$0.77 and last traded at C$0.77, 106,070 shares were traded during mid-day trading. A decline of 46% from the average session volume of 196,905 shares. The stock had previously closed at C$0.73.

The business’s 50-day moving average price is C$1.51 and its 200 day moving average price is C$1.78. The stock has a market capitalization of $165.84 million and a PE ratio of -7.70.

About Eco Atlantic Oil & Gas (CVE:EOG)

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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