Eco (Atlantic) Oil & Gas (OTCMKTS:ECAOF) Stock Price Up 12.2% – Should You Buy?

by · The Cerbat Gem

Shares of Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOFGet Free Report) traded up 12.2% during trading on Tuesday . The stock traded as high as $0.3416 and last traded at $0.3303. 13,123 shares traded hands during trading, a decline of 70% from the average session volume of 43,344 shares. The stock had previously closed at $0.2945.

Eco (Atlantic) Oil & Gas Stock Up 12.2%

The firm’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.13.

Eco (Atlantic) Oil & Gas Company Profile

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Eco (Atlantic) Oil & Gas Ltd is a junior resource exploration and development company focused on identifying and advancing hydrocarbon prospects in under-explored offshore basins. The company adopts a disciplined approach to acquiring, interpreting and de-risking exploration acreage, targeting high-potential plays where seismic data and subsurface modeling can unlock value. Its strategy centers on building a diversified portfolio of licenses in frontier regions, with the aim of attracting farm-out partners to fund drilling and production activities.

Eco Atlantic’s primary assets are located off the West Coast of Africa and in the Caribbean.

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