TSX Movers: Trican Well Service, Gold, Tamarack Valley

TSX Movers: Trican Well Service, Gold, Tamarack Valley

Assessment

Interactive Video

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.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the new price target set by RBC analyst Dan McDonald for the Calgary Oilfield Services Company?

$2

$3

$5

$7

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many 'buy' recommendations does the Calgary Oilfield Services Company's stock have?

Five

Three

Nine

Seven

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event caused a decline in gold stocks according to the transcript?

A new trade agreement

Federal Reserve Chair's softened optimism

Increase in oil prices

A natural disaster

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the uneven results in Britain's EU referendum polls?

Economic instability

Political debates

Media influence

Public opinion fluctuations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Tamarack Valley spend on acquiring oil property assets in Alberta?

$85 million

$100 million

$72 million

$50 million