Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) shares were up 1.7% during mid-day trading on Tuesday . The company traded as high as $8.32 and last traded at $8.31. Approximately 11,635 shares traded hands during trading, a decline of 77% from the average daily volume of 50,179 shares. The stock had previously closed at $8.17.
Tamarack Valley Energy Stock Performance
The business has a 50-day moving average price of $7.79 and a 200-day moving average price of $6.28.
About Tamarack Valley Energy
Tamarack Valley Energy Ltd. is a Calgary?based exploration and production company focused on upstream oil and natural gas operations in Western Canada. Established in 2013 through a spin-out from PetroShale, the company has built a diversified portfolio of light oil and liquids?rich natural gas assets. Its operations are concentrated in the Montney and Duvernay plays of Alberta’s Deep Basin as well as in key formations of northwestern Saskatchewan.
The company engages in the full cycle of oil and gas development, including seismic evaluation, drilling, completion and production optimization.
Further Reading
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