Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 59000 shares traded. The stock had previously closed at C$0.07.
Tenth Avenue Petroleum Trading Down 21.4 %
The firm has a market capitalization of C$2.20 million, a P/E ratio of -2.33 and a beta of 0.74. The stock’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65.
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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