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

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 0.015 per share on Friday, February 28th. This represents a $0.18 annualized dividend and a dividend yield of 10.29%. The ex-dividend date of this dividend is Friday, February 14th.

InPlay Oil Trading Up 0.6 %

Shares of InPlay Oil stock traded up C$0.01 on Wednesday, reaching C$1.75. 20,935 shares of the company’s stock were exchanged, compared to its average volume of 81,175. The company has a market capitalization of C$157.71 million, a P/E ratio of 6.03 and a beta of 2.37. InPlay Oil has a 52 week low of C$1.52 and a 52 week high of C$2.57. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.51 and a current ratio of 1.00. The firm’s 50-day moving average is C$1.70 and its two-hundred day moving average is C$1.91.

Analyst Upgrades and Downgrades

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