Closing Bell: Tamarack Valley Energy Ltd down on Wednesday (TVE)

Today during trading, Tamarack Valley Energy Ltd opened at $3.95 and closed at $3.89. Intraday prices ranged from $3.87 to $4.00.

Share prices reduced -1.02% from the previous day's close of $3.93.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Tamarack Valley Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker TVE.

Trading volume was 2,476,611 on 2,678 total trades. On average, Tamarack Valley Energy Ltd has traded 2,441,524 shares in the last five days and 2,123,653 year-to-date.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, TVE.TO has traded as high as $4.34 (November 03,2023) and low as $2.76 (December 13,2023). Moreover, the shares have advanced 8.96% in 52 weeks, while they have boosted 26.71% this year.

It announced a 0.01 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Tamarack Valley Energy Ltd has a market capitalization of $2.17 billion on a float of 552,847 shares outstanding. Its annual EPS is $0.11.

Tamarack Valley Energy Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Tamarack Valley Energy Ltd's consensus rating is "Moderate Buy" based on 9 analysts according to Zacks. From those 9 analysts, 7 have buy ratings and 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..