Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price fell 19% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.09. 121,700 shares were traded during trading, an increase of 183% from the average session volume of 43,012 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Down 5.9%
The company has a market capitalization of C$3.57 million, a PE ratio of -2.00 and a beta of 0.63. The company’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.09. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78.
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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