Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price traded up 15.8% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 53,000 shares were traded during mid-day trading, an increase of 56% from the average session volume of 34,057 shares. The stock had previously closed at C$0.10.
Tenth Avenue Petroleum Trading Up 15.8 %
The stock has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.09. 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 market cap of C$4.39 million, a P/E ratio of -3.67 and a beta of 0.74.
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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