Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s stock price fell 16.7% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 423,000 shares changed hands during mid-day trading, an increase of 1,320% from the average session volume of 29,789 shares. The stock had previously closed at C$0.06.
Tenth Avenue Petroleum Stock Performance
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 market capitalization of C$2.40 million, a PE ratio of -2.00 and a beta of 0.74. The stock’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.10.
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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