Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report)’s share price rose 1.9% during trading on Friday . The company traded as high as $5.52 and last traded at $5.50. Approximately 13,940 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 53,777 shares. The stock had previously closed at $5.40.
Tamarack Valley Energy Trading Up 1.9%
The business has a 50-day moving average price of $5.00 and a two-hundred day moving average price of $4.26.
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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