Tenth Avenue Petroleum (CVE:TPC) Shares Up 25% – What’s Next?

Tenth Avenue Petroleum Corp. (CVE:TPCGet Free Report) shares traded up 25% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 182,500 shares changed hands during trading, an increase of 301% from the average session volume of 45,567 shares. The stock had previously closed at C$0.08.

Tenth Avenue Petroleum Trading Up 25.0 %

The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77. The company has a market cap of C$3.99 million, a P/E ratio of -3.33 and a beta of 0.74. The business has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09.

Tenth Avenue Petroleum Company Profile

(Get 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 incorporated in 2011 and is headquartered in Calgary, Canada.

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