Tamarack Valley Energy (OTCMKTS:TNEYF) Stock Price Up 0.8% – Here’s Why

Shares of Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report) traded up 0.8% during trading on Friday . The company traded as high as $3.30 and last traded at $3.30. 7,217 shares were traded during 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 assumed coverage on shares of Tamarack Valley Energy in a research report on Friday, October 18th. They issued a “market perform” rating and a $5.00 target price on the stock.

Get Our Latest Analysis on Tamarack Valley Energy

Tamarack Valley Energy Stock Performance

The stock has a 50 day simple moving average of $3.00 and a 200-day simple moving average of $2.85.

About Tamarack Valley Energy

(Get Free Report)

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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