Terrace Energy (CVE:TZR) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Terrace Energy Corp. (CVE:TZRGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 Stock Performance

The firm has a market cap of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11. The stock’s 50-day moving average is C$0.20 and its 200 day moving average is C$0.20.

About Terrace Energy

(Get Free Report)

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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