Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) shares dropped 3.8% during mid-day trading on Thursday . The stock traded as low as $3.28 and last traded at $3.29. Approximately 18,793 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 100,539 shares. The stock had previously closed at $3.42.
Wall Street Analysts Forecast Growth
Separately, Raymond James began coverage on Tamarack Valley Energy in a report on Friday, October 18th. They set a “market perform” rating and a $5.00 target price on the stock.
Check Out Our Latest Stock Report on TNEYF
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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