Tamarack Valley Energy (OTCMKTS:TNEYF) Shares Pass Above 50-Day Moving Average – Here’s Why

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.04 and traded as high as $3.09. Tamarack Valley Energy shares last traded at $3.09, with a volume of 9,439 shares trading hands.

Tamarack Valley Energy Price Performance

The company’s 50-day simple moving average is $3.04 and its 200 day simple moving average is $3.08.

Tamarack Valley Energy Company Profile

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Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.

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