Insider Buying: Tamarack-Valley-Energy-Ltd (TVE) Director Acquires 6,500 Shares of Stock

Tamarack-Valley-Energy-Ltd (CVE:TVE) Director Noralee Bradley bought 6,500 shares of the stock in a transaction on Friday, February 2nd. The shares were bought at an average cost of C$2.70 per share, for a total transaction of C$17,550.00.

Noralee Bradley also recently made the following trade(s):

  • On Tuesday, February 6th, Noralee Bradley bought 3,500 shares of Tamarack-Valley-Energy stock. The shares were bought at an average cost of C$2.70 per share, for a total transaction of C$9,450.00.

Tamarack-Valley-Energy-Ltd has a twelve month low of C$2.11 and a twelve month high of C$7.85.

Several equities analysts have commented on TVE shares. Royal Bank of Canada cut shares of Tamarack-Valley-Energy from a “sector perform” rating to an “underperform” rating and raised their target price for the company from C$2.50 to C$2.75 in a research note on Thursday, November 9th. Desjardins reaffirmed a “buy” rating and issued a C$4.00 price objective on shares of Tamarack-Valley-Energy in a research note on Monday, December 18th. Raymond James Financial lifted their price objective on shares of Tamarack-Valley-Energy from C$3.50 to C$3.75 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. BMO Capital Markets lifted their price objective on shares of Tamarack-Valley-Energy from C$3.50 to C$4.25 and gave the stock an “outperform” rating in a research note on Tuesday, December 12th. Finally, Canaccord Genuity raised shares of Tamarack-Valley-Energy from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$3.50 to C$4.00 in a research note on Tuesday, January 9th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$4.15.

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About Tamarack-Valley-Energy

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.

Insider Buying and Selling by Quarter for Tamarack-Valley-Energy (CVE:TVE)

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