Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shot up 10% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 28,150 shares traded hands during trading, an increase of 56% from the average session volume of 18,043 shares. The stock had previously closed at C$0.10.
Tenth Avenue Petroleum Stock Down 13.3 %
The company has a current ratio of 1.08, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of C$5.19 million, a P/E ratio of -1.63 and a beta of 0.99. The stock’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.12.
Tenth Avenue Petroleum Company Profile
Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of petroleum 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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