InPlay Oil Corp. (IPO) to Issue Monthly Dividend of $0.02 on March 31st

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Friday, March 14th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.015 per share on Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a yield of 11.11%. The ex-dividend date is Friday, March 14th.

InPlay Oil Price Performance

Shares of TSE IPO traded up C$0.04 during trading on Wednesday, reaching C$1.62. The company had a trading volume of 107,370 shares, compared to its average volume of 175,404. The stock has a market capitalization of C$145.57 million, a PE ratio of 7.73 and a beta of 2.37. The stock has a 50-day moving average price of C$1.69 and a two-hundred day moving average price of C$1.83. InPlay Oil has a twelve month low of C$1.45 and a twelve month high of C$2.57. The company has a current ratio of 0.61, a quick ratio of 0.51 and a debt-to-equity ratio of 20.44.

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut their price objective 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.