TAG Oil Ltd (TSE:TAO – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.13. TAG Oil shares last traded at C$0.13, with a volume of 63,400 shares traded.
TAG Oil Price Performance
The company has a market capitalization of C$11.10 million and a price-to-earnings ratio of 1.86. The stock’s 50 day moving average price is C$0.13. The company has a current ratio of 81.24, a quick ratio of 81.14 and a debt-to-equity ratio of 0.26.
About TAG Oil
TAG Oil Ltd. engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. The company operates eight exploration and production permits in New Zealand; and an exploration and production permit in Australia. It holds interests in the Taranaki basin located in New Zealand; and a 100% interests in the Petroleum Lease 17 permit that covers 25,700 acres area located in the Surat Basin in Australia.
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