TSX Movers: Trican Well Service, Gold, Tamarack Valley

TSX Movers: Trican Well Service, Gold, Tamarack Valley

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Business

University

Hard

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RBC analyst Dan McDonald upgraded a stock to outperform, raising the price target to $5. Trican has reduced its financial risk, with the stock having five buys, nine holds, and one sell. Gold stocks fell as Janet Yellen expressed reduced optimism in the US economy, and Brexit polls showed mixed results. Tamarack Valley acquired oil assets in Alberta for $85 million, partially funded by a $72 million deal with National Bank.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the price target revision for Trican's stock by RBC analyst Dan McDonald?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Trican reduced its financial risk?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the performance rating of Trican's stock according to analysts?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did Janet Yellen's statement have on gold stocks?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What acquisitions did Tamarack Valley make and how were they funded?

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