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InPlay Oil Corp. ( (TSE:IPO) ) has provided an update.
InPlay Oil Corp. has announced a monthly cash dividend of $0.09 per common share, payable on June 30, 2025, to shareholders of record as of June 16, 2025. This dividend is expected to be classified as an ‘eligible dividend’ for Canadian tax purposes, reflecting the company’s commitment to returning value to its shareholders and potentially enhancing its market appeal.
The most recent analyst rating on (TSE:IPO) stock is a Buy with a C$3.25 price target. To see the full list of analyst forecasts on InPlay Oil Corp. stock, see the TSE:IPO Stock Forecast page.
Spark’s Take on TSE:IPO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPO is a Neutral.
InPlay Oil Corp. receives an overall score of 61, reflecting a combination of mixed financial performance and bearish technical indicators, offset by an attractive valuation. The company’s declining revenue and net income, alongside the pressures on margins, are significant drawbacks. Technical indicators show strong downward momentum, which might deter short-term investors. However, the low P/E ratio and high dividend yield offer a compelling case for value and income investors. Addressing revenue growth and managing financial leverage will be crucial for improving the company’s prospects.
To see Spark’s full report on TSE:IPO stock, click here.
More about InPlay Oil Corp.
InPlay Oil Corp. is a junior oil and gas exploration and production company based in Alberta, specializing in light oil production. The company focuses on operating long-lived, low-decline properties with potential for drilling development and enhanced oil recovery, as well as exploring undeveloped lands. Its common shares are traded on the Toronto Stock Exchange and the OTCQX Exchange.
Average Trading Volume: 50,494
Technical Sentiment Signal: Sell
Current Market Cap: C$242.8M
For an in-depth examination of IPO stock, go to TipRanks’ Stock Analysis page.