Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares were down 18.2% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 103,800 shares were traded during trading, an increase of 168% from the average daily volume of 38,706 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Down 18.2 %
The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78. The company has a market cap of C$3.59 million, a P/E ratio of -3.00 and a beta of 0.74. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.09.
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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