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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

In trading today, Tamarack Valley Energy Ltd shares opened at $3.84 and closed at $3.65. prices ranged from $3.58 to $3.84.

The price eased -7.59 percent 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 5,057,017 on 6,905 total trades, with an average volume of 2,917,660 over 5 days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 boosted 3.40 percent in the last 12 months, while they have boosted 18.89% year-to-date.

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 $1.99 billion on a float of 544,164 shares outstanding. Its annual EPS is $0.23.

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

Currently, Tamarack Valley Energy Ltd has an average recommendation of "Moderate Buy" based on 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..