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

InPlay Oil Corp. (TSE:IPO) announced a monthly dividend on Friday, March 14th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.015 per share on Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 11.25%. The ex-dividend date is Friday, March 14th.

InPlay Oil Price Performance

IPO stock traded up C$0.02 during mid-day trading on Wednesday, hitting C$1.60. The company had a trading volume of 97,670 shares, compared to its average volume of 175,149. The company has a market capitalization of C$143.77 million, a price-to-earnings ratio of 7.64 and a beta of 2.37. The company has a 50-day moving average price of C$1.69 and a 200 day moving average price of C$1.83. The company has a quick ratio of 0.51, a current ratio of 0.61 and a debt-to-equity ratio of 20.44. InPlay Oil has a 12-month low of C$1.45 and a 12-month high of C$2.57.

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut their target price on shares of InPlay Oil from C$3.25 to C$3.00 in a report on Friday, November 15th.

InPlay Oil Company Profile

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.