InPlay Oil Corp. (IPO) To Go Ex-Dividend on July 15th

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Tuesday, July 2nd, TickerTech reports. Investors of record on Monday, July 15th will be paid a dividend of 0.015 per share on Wednesday, July 31st. This represents a $0.18 annualized dividend and a dividend yield of 8.07%. The ex-dividend date of this dividend is Monday, July 15th.

InPlay Oil Stock Down 0.4 %

Shares of TSE:IPO traded down C$0.01 during mid-day trading on Thursday, hitting C$2.23. 47,701 shares of the company traded hands, compared to its average volume of 89,571. The firm has a market cap of C$200.97 million, a P/E ratio of 8.00 and a beta of 2.47. The company has a debt-to-equity ratio of 18.92, a quick ratio of 0.51 and a current ratio of 0.68. InPlay Oil has a 52-week low of C$2.03 and a 52-week high of C$2.86. The firm’s 50 day simple moving average is C$2.28 and its 200 day simple moving average is C$2.30.

InPlay Oil (TSE:IPO) last issued its quarterly earnings data on Thursday, May 9th. The company reported C$0.02 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.04). InPlay Oil had a net margin of 16.44% and a return on equity of 8.76%. The business had revenue of C$38.00 million for the quarter, compared to analyst estimates of C$43.25 million. On average, equities analysts anticipate that InPlay Oil will post 0.5345622 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Acumen Capital reduced their price target on InPlay Oil from C$4.00 to C$3.75 in a research report on Monday, May 13th.

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.