Tamarack Valley Energy Ltd (TSE:TVE - Get Free Report) announced a monthly dividend on Thursday, July 31st, TickerTech Dividends reports. Stockholders of record on Friday, August 15th will be given a dividend of 0.0127 per share on Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, July 31st.
Tamarack Valley Energy Trading Down 2.4%
TVE stock traded down C$0.13 during mid-day trading on Friday, hitting C$5.31. 1,679,655 shares of the company were exchanged, compared to its average volume of 2,103,787. The business has a fifty day simple moving average of C$4.87 and a 200-day simple moving average of C$4.42. The firm has a market capitalization of C$2.80 billion, a P/E ratio of 13.60 and a beta of 2.49. Tamarack Valley Energy has a 12-month low of C$3.10 and a 12-month high of C$5.53. The company has a quick ratio of 0.80, a current ratio of 0.73 and a debt-to-equity ratio of 34.61.
About Tamarack Valley Energy
(
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Tamarack Valley Energy Ltd. engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. It primarily holds interests in Cardium light oil plays in Wilson Creek/Alder Flats/Pembina, and Garrington and Lochend areas in Alberta; Viking light oil resource plays in Redwater and Westlock in Alberta, as well as in the Consort area of southeast Alberta and Hoosier area of southwest Saskatchewan; Barons Sands light oil plays located in the Penny area of Southern Alberta; and heavy oil properties located in Hatton area of Saskatchewan.
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