Tenth Avenue Petroleum Corp. (CVE:TPC – Get Free Report) dropped 19% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.09. Approximately 121,700 shares traded hands during mid-day trading, an increase of 183% from the average daily volume of 43,012 shares. The stock had previously closed at C$0.11.
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 business has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09. The stock has a market cap of C$3.57 million, a P/E ratio of -2.00 and a beta of 0.63.
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.
Recommended Stories
- Five stocks we like better than Tenth Avenue Petroleum
- Consumer Staples Stocks, Explained
- Datavault AI: The New AI Contender Backed by Big Funding
- CD Calculator: Certificate of Deposit Calculator
- CoreWeave: Why the New King of AI Infrastructure Has Room to Run
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Top 3 Dividend Achievers for October: High Yields, Growth Ahead
Receive News & Ratings for Tenth Avenue Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenth Avenue Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.
