Tenaz Energy (TSE:TNZ) Price Target Raised to C$17.50

Tenaz Energy (TSE:TNZ) had its price objective upped by Haywood Securities from C$14.25 to C$17.50 in a report published on Wednesday,BayStreet.CA reports.

Separately, Cormark upgraded Tenaz Energy to a “moderate buy” rating in a research report on Monday, September 23rd.

Tenaz Energy Trading Up 0.3 %

TNZ opened at C$13.28 on Wednesday. The firm has a market cap of C$362.81 million, a PE ratio of 15.26 and a beta of 1.65. Tenaz Energy has a twelve month low of C$3.40 and a twelve month high of C$15.43. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.77 and a current ratio of 2.44. The firm’s fifty day moving average is C$12.31 and its two-hundred day moving average is C$8.39.

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