Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price shot up 25% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. 203,500 shares changed hands during 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 company has a current ratio of 0.78, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77. The firm has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The company has a market cap of C$3.99 million, a price-to-earnings ratio of -3.33 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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