Tamarack-Valley-Energy-Ltd Declines Again; Strong Momentum for Sellers

 Tamarack Valley Energy Ltd Declines Again; Strong Momentum for Sellers

The stock of Tamarack-Valley-Energy-Ltd (TSE:TVE) is a huge mover today! About 194,975 shares traded hands. Tamarack-Valley-Energy-Ltd (TSE:TVE) has declined 6.03% since March 24, 2016 and is downtrending. It has underperformed by 9.50% the S&P500.
The move comes after 8 months negative chart setup for the $451.17M company. It was reported on Oct, 31 by Barchart.com. We have $3.00 PT which if reached, will make TSE:TVE worth $49.63 million less.

Tamarack-Valley-Energy-Ltd (TSE:TVE) Ratings Coverage

Out of 5 analysts covering Tamarack Valley Energy (TSE:TVE), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Tamarack Valley Energy has been the topic of 8 analyst reports since December 3, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by BMO Capital Markets on Thursday, February 25. Canaccord Genuity initiated Tamarack-Valley-Energy-Ltd (TSE:TVE) rating on Tuesday, June 28. Canaccord Genuity has “Buy” rating and $5 price target.

More recent Tamarack-Valley-Energy-Ltd (TSE:TVE) news were published by: Marketwired.com which released: “Tamarack Valley Energy Ltd. Announces Closing of Strategic Acquisitions, New …” on July 25, 2016. Also Marketwired.com published the news titled: “Tamarack Valley Energy Ltd. Announces Strategic Acquisitions, $72 Million …” on June 20, 2016. Marketwired.com‘s news article titled: “Tamarack Valley Energy Ltd. Announces 2016 First Quarter Results” with publication date: May 11, 2016 was also an interesting one.

Tamarack Valley Energy Ltd. is a Canada oil and natural gas company. The company has a market cap of $451.17 million. The Firm has working interests in petroleum and natural gas properties in the Alder Flats area. It currently has negative earnings. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: ,

Related posts

Leave a Comment