Tenth Avenue Petroleum (CVE:TPC) Shares Down 46.7%

Tenth Avenue Petroleum Corp (CVE:TPC) traded down 46.7% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 10,000 shares traded hands during trading, an increase of 29% from the average session volume of 7,747 shares. The stock had previously closed at C$0.08.

The company has a debt-to-equity ratio of 791.79, a current ratio of 0.37 and a quick ratio of 0.32. The firm has a fifty day simple moving average of C$0.03. The company has a market capitalization of $421,000.00 and a PE ratio of -1.82.

Tenth Avenue Petroleum Company Profile (CVE:TPC)

Tenth Avenue Petroleum Corp., a junior oil and gas exploration company, engages in the exploration, development, and production of petroleum and natural gas properties in Western Canada. It has a 22% co-ownership interest in a non-operating disposal well in Ft. Nelson, British Columbia. The company was formerly known as Jadela Oil Corp.

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