Terrace Energy (CVE:TZR) Stock Passes Above 50-Day Moving Average – What’s Next?

Shares of Terrace Energy Corp. (CVE:TZRGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as high as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares traded.

Terrace Energy Trading Up 21.2 %

The firm has a market cap of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11. The business has a 50-day moving average of C$0.20 and a two-hundred day moving average of C$0.20.

About Terrace Energy

(Get Free Report)

Terrace Energy Corp. does not have significant operations. Previously it was engaged in the acquisition, exploration, and development of conventional onshore oil and gas properties in the United States. The company was formerly known as Terrace Resources Inc and changed its name to Terrace Energy Corp.

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