Terrace Energy Corp. (CVE:TZR – Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as high as C$0.20. Terrace Energy shares last traded at C$0.20, with a volume of 3,500 shares changing hands.
Terrace Energy Stock Up 21.2 %
The company has a market cap of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11. The company’s fifty day moving average price is C$0.20 and its two-hundred day moving average price is C$0.20.
Terrace Energy Company Profile
Terrace Energy Corp. does not have significant operations. Previously it was engaged in the acquisition, exploration, and development of conventional onshore oil and gas properties in the United States. The company was formerly known as Terrace Resources Inc and changed its name to Terrace Energy Corp.
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