Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) shares traded down 18.2% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09. 103,800 shares changed hands during trading, an increase of 168% from the average session volume of 38,706 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Trading Down 18.2 %
The company has a debt-to-equity ratio of 0.77, a current ratio of 0.78 and a quick ratio of 12.65. The company has a market cap of C$3.59 million, a price-to-earnings ratio of -3.00 and a beta of 0.74. The business’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.
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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