Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shot up 25% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. 182,500 shares were traded 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 Stock Up 25.0 %
The stock has a market cap of C$3.99 million, a PE ratio of -3.33 and a beta of 0.74. 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 firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.09.
Tenth Avenue Petroleum Company Profile
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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