Tenaz Energy (TSE:TNZ) Given a C$23.00 Price Target at National Bankshares

National Bankshares set a C$23.00 price objective on Tenaz Energy (TSE:TNZ) in a research note released on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, Haywood Securities increased their target price on Tenaz Energy from C$14.25 to C$17.50 in a report on Wednesday, December 18th.

Tenaz Energy Price Performance

TNZ stock opened at C$15.25 on Friday. Tenaz Energy has a one year low of C$3.40 and a one year high of C$15.43. The firm has a 50-day moving average of C$13.66 and a two-hundred day moving average of C$10.75. The firm has a market capitalization of C$416.63 million, a PE ratio of 17.53 and a beta of 1.65. The company has a current ratio of 2.44, a quick ratio of 2.77 and a debt-to-equity ratio of 0.26.

Tenaz Energy (TSE:TNZ) last issued its quarterly earnings results on Thursday, November 7th. The company reported C($0.09) EPS for the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. The firm had revenue of C$14.82 million during the quarter. On average, analysts forecast that Tenaz Energy will post 0.3896418 earnings per share for the current year.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.