Shares of Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.15 and traded as low as $8.97. Tamarack Valley Energy shares last traded at $9.18, with a volume of 203,436 shares trading hands.
Tamarack Valley Energy Trading Down 2.1%
The firm has a fifty day moving average of $9.15 and a 200-day moving average of $8.16.
About Tamarack Valley Energy
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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