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IN BRIEF: Eco Atlantic Oil & Gas first quarter loss widens

25th Aug 2022 19:17

Eco Atlantic Oil & Gas Ltd - Toronto-based oil and gas exploration company - Interest income first quarter to June 30 rises to USD20,127 from USD4,524 a year earlier. Net loss widens to USD2.7 million from USD825,624. Total operating expenses surge to USD4.0 million from USD692,276. Gets USD1.4 million boost from fair value change in warrant liability, however.

Current stock price: 31.50 pence

12-month change: up 24%

By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Eco (atlantic)
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