Tenaz Energy (TSE:TNZ) Given a C$23.00 Price Target at National Bankshares

National Bankshares set a C$23.00 price target on Tenaz Energy (TSE:TNZ) in a research report report published on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Haywood Securities lifted their price objective on shares of Tenaz Energy from C$14.25 to C$17.50 in a research note on Wednesday, December 18th.

Tenaz Energy Stock Up 10.9 %

Shares of Tenaz Energy stock opened at C$15.25 on Friday. The firm has a market cap of C$416.63 million, a price-to-earnings ratio of 17.53 and a beta of 1.65. The stock has a 50-day simple moving average of C$13.66 and a 200-day simple moving average of C$10.75. Tenaz Energy has a 52-week low of C$3.40 and a 52-week high of C$15.43. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.44 and a quick ratio of 2.77.

Tenaz Energy (TSE:TNZ) last posted its earnings results on Thursday, November 7th. The company reported C($0.09) earnings per share (EPS) for the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. The business had revenue of C$14.82 million during the quarter. On average, equities research analysts expect that Tenaz Energy will post 0.3896418 earnings per share for the current fiscal year.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.