Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) traded up 2.8% during trading on Thursday . The company traded as high as $8.87 and last traded at $8.87. Approximately 285,753 shares traded hands during mid-day trading, an increase of 332% from the average session volume of 66,172 shares. The stock had previously closed at $8.63.
Tamarack Valley Energy Trading Up 2.8%
The company’s fifty day simple moving average is $9.16 and its two-hundred day simple moving average is $7.75.
Tamarack Valley Energy Company Profile
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.
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