Tenth Avenue Petroleum Corp. (CVE:TPC) Insider Acquires C$15,000.00 in Stock

Tenth Avenue Petroleum Corp. (CVE:TPC) insider Fern Macdonald purchased 150,000 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were bought at an average cost of C$0.10 per share, with a total value of C$15,000.00.

Fern Macdonald also recently made the following trade(s):

• On Tuesday, January 14th, Fern Macdonald acquired 25,000 shares of Tenth Avenue Petroleum stock. The shares were bought at an average price of C$0.08 per share, for a total transaction of C$2,000.00.
• On Tuesday, January 7th, Fern Macdonald bought 24,000 shares of Tenth Avenue Petroleum stock. The stock was bought at an average cost of C$0.08 per share, with a total value of C$1,800.00.
• On Friday, January 3rd, Fern Macdonald purchased 1,000 shares of Tenth Avenue Petroleum stock. The shares were bought at an average cost of C$0.08 per share, for a total transaction of C$75.00.
• On Monday, December 30th, Fern Macdonald acquired 403,000 shares of Tenth Avenue Petroleum stock. The stock was purchased at an average cost of C$0.05 per share, with a total value of C$20,150.00.
• On Monday, December 23rd, Fern Macdonald bought 12,000 shares of Tenth Avenue Petroleum stock. The stock was purchased at an average price of C$0.07 per share, with a total value of C$840.00.
• On Thursday, December 19th, Fern Macdonald purchased 25,000 shares of Tenth Avenue Petroleum stock. The shares were purchased at an average cost of C$0.07 per share, for a total transaction of C$1,750.00.
• On Tuesday, December 17th, Fern Macdonald acquired 25,000 shares of Tenth Avenue Petroleum stock. The shares were purchased at an average price of C$0.06 per share, for a total transaction of C$1,500.00.
• On Monday, December 2nd, Fern Macdonald bought 7,000 shares of Tenth Avenue Petroleum stock. The shares were acquired at an average cost of C$0.08 per share, for a total transaction of C$560.00.

Tenth Avenue Petroleum Trading Up 10.0 %

CVE TPC opened at C$0.11 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.65 and a current ratio of 0.78. Tenth Avenue Petroleum Corp. has a one year low of C$0.05 and a one year high of C$0.16. The company has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The firm has a market capitalization of C$4.39 million, a PE ratio of -3.67 and a beta of 0.74.

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.