Tenaz Energy (TSE:TNZ) Given New C$17.50 Price Target at Haywood Securities

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

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

Tenaz Energy Price Performance

Tenaz Energy stock opened at C$13.28 on Wednesday. Tenaz Energy has a 52 week low of C$3.40 and a 52 week high of C$15.43. The company has a quick ratio of 2.77, a current ratio of 2.44 and a debt-to-equity ratio of 0.26. The stock has a market cap of C$362.81 million, a price-to-earnings ratio of 15.26 and a beta of 1.65. The business has a 50-day simple moving average of C$12.31 and a 200 day simple moving average of C$8.39.

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