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Eco Atlantic Oil & Gas surged 54% on Dec. 8, 2025, on heavy trading volume despite zero earnings and projected losses.
Eco Atlantic Oil & Gas (CVE:EOG) jumped 54.1% on Monday, December 8, 2025, reaching a high of C$0.30 and closing at C$0.29, driven by a surge in trading volume to 3.2 million shares—2,250% above average.
The company, which holds offshore petroleum interests in Suriname, Guyana, and Namibia, reported zero earnings for the quarter ended November 19, with a negative net margin and return on equity.
Analysts forecast a loss of $0.01 per share for the current fiscal year.
Despite weak financials and a market cap of C$88.26 million, the stock’s sharp rise reflects increased market activity without a disclosed catalyst.
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Eco Atlantic Oil & Gas aumentó un 54% el 8 de diciembre de 2025, con un gran volumen de operaciones a pesar de las cero ganancias y las pérdidas proyectadas.