Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s share price was up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 203,500 shares were traded during trading, an increase of 315% from the average daily volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Performance
The stock’s 50-day moving average is C$0.08 and its 200-day moving average is C$0.09. The firm has a market capitalization of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74. The company has a current ratio of 0.78, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77.
Tenth Avenue Petroleum Company Profile
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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