Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares 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 were traded 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 Price Performance
The company has a market capitalization of C$3.99 million, a price-to-earnings ratio of -3.33 and a beta of 0.74. 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 business has a fifty day moving average price of C$0.08 and a 200 day moving average price 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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