TAG Oil Ltd. (CVE:TAO – Get Free Report) traded down 3.1% on Friday . The company traded as low as C$0.15 and last traded at C$0.16. 279,451 shares were traded during trading, a decline of 23% from the average session volume of 360,708 shares. The stock had previously closed at C$0.16.
TAG Oil Stock Performance
The stock has a market capitalization of C$35.03 million, a PE ratio of -3.77 and a beta of -0.05. The business has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.13.
TAG Oil Company Profile
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, the Middle East, and North Africa. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.
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