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

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

Tamarack Valley Energy Ltd opened trading today at $3.88 and closed at $3.84. Intraday prices ranged from a low of $3.80 to a high of $3.90.

Shares eased -1.54% from the previous day's close of $3.90.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 2,738,995 shares was traded during the session, with total trades of 2,861, with an average volume of 2,142,733 over the last 5 days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 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 5.79% in the last year, while in 2024, they have boosted 25.08%.

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 $2.16 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. 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..