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Eco Atlantic Oil & Gas loses CAD41.6 million (US$31.2 million) in MCap, steepest heavyweight fall in Oil & gas - exploration & production sector Wednesday August 28, 2019 17:00 EDT

Aug 28, 2019 - News Bites Canadian Markets


Eco Atlantic Oil & Gas Ltd. (TSXV:EOG), Canada's 20th largest Oil & gas - exploration & production company by market cap, has tumbled 23.0c (8.5%) from its previous trading session to close at CAD2.49. Compared with the S&P/TSX 60 Index which rose 4.8 points (0.5%) in the day, the relative price change was -8.9%. The fall was exacerbated by high volume of 2.4 times the average daily volume of 191,660 shares. It posted the steepest fall in MCap with the most infl...