Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price rose 25% during mid-day trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 182,500 shares traded hands during trading, an increase of 301% from the average daily volume of 45,567 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Stock Up 25.0 %
The company has a market cap of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65. The firm has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.09.
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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