Terrace Energy (CVE:TZR) Share Price Passes Below 50-Day Moving Average – Here’s Why

Terrace Energy Corp. (CVE:TZRGet Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.20 and traded as low 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 company has a market cap of C$1.55 million, a PE ratio of 0.83 and a beta of -1.11.

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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