Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s share price rose 25% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 203,500 shares were traded during mid-day 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 Trading Up 25.0 %
The company has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.09. The stock has a market capitalization of C$3.99 million, a PE ratio of -3.33 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78.
About Tenth Avenue Petroleum
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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