Terrace Energy (CVE:TZR) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . 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.

Terrace Energy Price Performance

The business has a 50 day moving average of C$0.20 and a 200 day moving average of C$0.20. The firm has a market capitalization of C$1.55 million, a price-to-earnings ratio of 0.83 and a beta of -1.11.

Terrace Energy (CVE:TZRGet Free Report) last announced its quarterly earnings results on Monday, September 30th. The company reported C($0.01) EPS for the quarter.

About Terrace Energy

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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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