Shares of Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) shot up 0.8% during mid-day trading on Friday . The stock traded as high as $3.30 and last traded at $3.30. 7,217 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 105,504 shares. The stock had previously closed at $3.27.
Wall Street Analysts Forecast Growth
Separately, Raymond James began coverage on shares of Tamarack Valley Energy in a research note on Friday, October 18th. They set a “market perform” rating and a $5.00 price objective for the company.
Get Our Latest Analysis on Tamarack Valley Energy
Tamarack Valley Energy Price Performance
About Tamarack Valley Energy
Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.
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