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

InPlay Oil Corp. (TSE:IPO) declared a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Friday, February 28th will be given a dividend of 0.015 per share on Friday, February 28th. This represents a $0.18 annualized dividend and a dividend yield of 10.40%. The ex-dividend date is Friday, February 14th.

InPlay Oil Stock Performance

TSE IPO traded down C$0.01 during trading on Wednesday, hitting C$1.73. The company’s stock had a trading volume of 51,105 shares, compared to its average volume of 82,336. InPlay Oil has a 52 week low of C$1.52 and a 52 week high of C$2.57. 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 firm has a market cap of C$155.91 million, a P/E ratio of 5.97 and a beta of 2.37. The firm has a 50 day moving average price of C$1.70 and a 200 day moving average price of C$1.91.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group decreased their price target on shares of InPlay Oil from C$3.25 to C$3.00 in a research 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.