Shares of Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) traded down 18.2% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 103,300 shares changed hands during trading, an increase of 167% from the average session volume of 38,673 shares. The stock had previously closed at C$0.11.
Tenth Avenue Petroleum Trading Down 18.2 %
The company’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.09. The company has a current ratio of 0.78, a quick ratio of 12.65 and a debt-to-equity ratio of 0.77. The firm has a market cap of C$3.59 million, a PE ratio of -3.00 and a beta of 0.74.
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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