International Petroleum (TSE:IPCO) Sets New 1-Year High – Here’s What Happened

Posted by Caroline Horne on Mar 27th, 2025

International Petroleum Co. (TSE:IPCO – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$22.16 and last traded at C$22.08, with a volume of 23370 shares trading hands. The stock had previously closed at C$21.59.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised their price target on International Petroleum from C$18.00 to C$20.00 in a research note on Tuesday, January 14th.

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International Petroleum Stock Up 0.6 %

The company has a current ratio of 1.92, a quick ratio of 3.93 and a debt-to-equity ratio of 47.72. The firm’s 50 day moving average price is C$19.83 and its two-hundred day moving average price is C$17.60. The company has a market capitalization of C$1.85 billion, a price-to-earnings ratio of 18.64 and a beta of 2.38.

International Petroleum Company Profile

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International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.