Terrace Energy Corp. (CVE:TZR – Get Free Report) shares passed above its 50 day moving average during trading on Thursday . 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 changing hands.
Terrace Energy Trading Up 21.2 %
The company has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.20. The company has a market cap of C$1.55 million, a P/E ratio of 0.83 and a beta of -1.11.
About Terrace Energy
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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