TAG Oil Ltd. (CVE:TAO – Get Free Report)’s share price traded up 5% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 246,500 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 362,277 shares. The stock had previously closed at C$0.10.
TAG Oil Stock Up 5.0 %
The company has a market cap of C$23.73 million, a P/E ratio of -2.56 and a beta of -0.05. The stock has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.19.
About TAG Oil
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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