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. Shareholders 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 dividend on an annualized basis and a yield of 10.34%. The ex-dividend date of this dividend is Friday, February 14th.

InPlay Oil Price Performance

Shares of IPO stock remained flat at C$1.74 during trading hours on Wednesday. 26,435 shares of the stock traded hands, compared to its average volume of 81,537. 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 stock has a 50-day moving average price of C$1.70 and a two-hundred day moving average price of C$1.91. InPlay Oil has a 1 year low of C$1.52 and a 1 year high of C$2.57. The firm has a market cap of C$156.81 million, a PE ratio of 6.00 and a beta of 2.37.

Wall Street Analysts Forecast Growth

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