Tamarack-Valley-Energy-Ltd (CVE:TVE) insider Ken Cruikshank sold 18,400 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of C$2.65, for a total transaction of C$48,760.00.
Tamarack-Valley-Energy-Ltd has a fifty-two week low of C$2.11 and a fifty-two week high of C$7.85.
Several research firms have recently commented on TVE. Royal Bank Of Canada boosted their price target on shares of 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 shares of Tamarack-Valley-Energy from a “market perform” rating to an “outperform” rating and boosted their price target for the company from C$3.50 to C$4.25 in a report on Monday. National Bank Financial boosted their price target on shares of Tamarack-Valley-Energy from C$3.75 to C$4.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. Laurentian boosted their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a report on Friday, October 6th. Finally, Laurentian Bank of Canada boosted their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a report on Friday, October 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$3.89.
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Tamarack-Valley-Energy Company Profile
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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