Tenth Avenue Petroleum (CVE:TPC) Shares Up 7.7%

Tenth Avenue Petroleum Corp. (CVE:TPCGet Rating)’s stock price was up 7.7% during trading on Monday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 65,100 shares were traded during trading, a decline of 17% from the average daily volume of 78,837 shares. The stock had previously closed at C$0.26.

Tenth Avenue Petroleum Price Performance

The company has a debt-to-equity ratio of 0.77, a current ratio of 16.87 and a quick ratio of 16.48. The firm’s 50 day moving average is C$0.26 and its 200 day moving average is C$0.23. The firm has a market cap of C$11.16 million and a P/E ratio of 7.00.

Tenth Avenue Petroleum Company Profile

(Get Rating)

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 founded in 2011 and is based in Calgary, Canada.

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