Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price was up 22.2% during mid-day trading on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 53,046 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 53,410 shares. The stock had previously closed at C$0.09.
Tenth Avenue Petroleum Price Performance
The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65. The company has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.09. The firm has a market capitalization of C$4.39 million, a PE ratio of -3.67 and a beta of 0.74.
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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