Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) were down 16.7% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 423,000 shares were traded during trading, an increase of 1,320% from the average daily volume of 29,789 shares. The stock had previously closed at C$0.06.
Tenth Avenue Petroleum Price Performance
The stock has a market capitalization of C$2.40 million, a P/E ratio of -2.00 and a beta of 0.74. The company’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78.
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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