Ken Cruikshank Sells 18,400 Shares of Tamarack-Valley-Energy-Ltd (TVE) Stock
Tamarack-Valley-Energy-Ltd (CVE:TVE) insider Ken Cruikshank sold 18,400 shares of Tamarack-Valley-Energy stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of C$2.65, for a total value of C$48,760.00.
Tamarack-Valley-Energy-Ltd has a one year low of C$2.11 and a one year high of C$7.85.
Several research firms recently weighed in on TVE. Royal Bank Of Canada lifted their price objective on Tamarack-Valley-Energy from C$2.75 to C$3.25 and gave the company a “sector perform” rating in a report on Thursday, November 30th. BMO Capital Markets upgraded Tamarack-Valley-Energy from a “market perform” rating to an “outperform” rating and lifted their target price for the company from C$3.50 to C$4.25 in a research note on Monday. National Bank Financial lifted their target price on Tamarack-Valley-Energy from C$3.75 to C$4.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Laurentian lifted their target price on Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Finally, Laurentian Bank of Canada lifted their target price on Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Tamarack-Valley-Energy has an average rating of “Buy” and an average price target of C$3.89.
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Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.
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