Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price traded up 25% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 203,500 shares were traded during mid-day trading, an increase of 315% from the average session volume of 49,067 shares. The stock had previously closed at C$0.08.
Tenth Avenue Petroleum Trading Up 25.0 %
The firm has a market cap of C$3.99 million, a PE ratio of -3.33 and a beta of 0.74. The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77.
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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