Tenth Avenue Petroleum (CVE:TPC) Trades 5% Higher

Share price of Tenth Avenue Petroleum Corp. (CVE:TPC – Get a Free Report ) traded up 5% on Thursday. The stock traded as low as $0.11 and last traded at $0.11. 33,500 shares traded hands during mid-day trading, up 70% from the session’s average volume of 19,651 shares. Shares previously closed at $0.10.

Oil trading on Tenth Avenue rose 5.0%

The firm has a market cap of $4.19 million, a PE ratio of -3.50 and a beta of 0.77. The company’s fifty day moving average price is $0.09 and two hundred day moving average price is $0.11. The company has a quick ratio of 12.65, a current ratio of 0.78, and a debt-to-equity ratio of 0.77.

Tenth Avenue Petroleum Company Profile

(Get a free report)

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 founded in 2011 and is headquartered in Calgary, Canada.

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