TAG Oil Ltd. (CVE:TAO – Get Free Report) traded up 12.5% during mid-day trading on Tuesday. The company traded as high as C$0.04 and last traded at C$0.04. Approximately 6,369,349 shares were traded during mid-day trading, an increase of 1,089% from the average session volume of 535,891 shares. The stock had previously closed at C$0.04.
TAG Oil Trading Down 10.0%
The business has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.08. The stock has a market cap of C$15.40 million, a PE ratio of -4.50 and a beta of -0.33.
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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