Tamarack Valley Energy (OTCMKTS:TNEYF) Research Coverage Started at Raymond James

Raymond James started coverage on shares of Tamarack Valley Energy (OTCMKTS:TNEYF) in a report published on Friday morning, Benzinga reports. The brokerage issued a market perform rating and a $5.00 price objective on the stock.

Tamarack Valley Energy Trading Down 1.6 %

TNEYF opened at $2.82 on Friday. The company’s 50-day moving average price is $2.92 and its 200 day moving average price is $2.82. Tamarack Valley Energy has a fifty-two week low of $2.02 and a fifty-two week high of $3.23.

About Tamarack Valley Energy

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.