Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report)’s share price fell 23.8% during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.08. 102,500 shares were traded during trading, an increase of 139% from the average session volume of 42,805 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Stock Down 19.0%
The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.09. The firm has a market cap of C$3.79 million, a P/E ratio of -2.13 and a beta of 0.63. The company has a quick ratio of 12.65, a current ratio of 0.78 and a debt-to-equity ratio of 0.77.
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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