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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today, Tamarack Valley Energy Ltd shares closed at $3.65 after opening the day at $3.84. It traded at a low of $3.58 to a high of $3.84.

The price eased -7.59% from the previous day's close of $3.95.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Tamarack Valley Energy Ltd traded under TVE on the Toronto Stock Exchange (TSX).

A total of 5,057,017 shares was traded during the session, with total trades of 6,905, while having an average volume of 2,917,660 over the last 5-days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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, in the last 52 weeks, Tamarack Valley Energy Ltd's shares have advanced 3.40 percent, while this year, they have advanced 18.89%.

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 $2.18 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.

Tamarack Valley Energy Ltd is holding an average recommendation of "Moderate Buy" from 9.00 analysts according to Zacks. Currently, there are 7 buy ratings and 2 hold ratings for the stock.

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..