Tenaz Energy (TSE:TNZ) Stock Price Up 33.5%

Tenaz Energy Corp. (TSE:TNZ) traded up 33.5% during mid-day trading on Thursday . The company traded as high as C$5.08 and last traded at C$4.90. 475,627 shares traded hands during mid-day trading, an increase of 962% from the average session volume of 44,766 shares. The stock had previously closed at C$3.67.

Tenaz Energy Stock Up 45.8 %

The company has a market capitalization of C$142.85 million, a price-to-earnings ratio of 4.65 and a beta of 1.43. The company has a quick ratio of 2.77, a current ratio of 2.12 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of C$3.70 and a 200-day moving average price of C$3.75.

Tenaz Energy (TSE:TNZ) last issued its quarterly earnings results on Thursday, May 9th. The company reported C($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.12). Tenaz Energy had a return on equity of 27.27% and a net margin of 38.67%. The company had revenue of C$17.89 million during the quarter. As a group, equities analysts anticipate that Tenaz Energy Corp. will post 0.010044 earnings per share for the current fiscal year.

Tenaz Energy Company Profile

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.