TAG Oil Ltd (TSE:TAO) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.41 and last traded at C$0.42, with a volume of 24,500 shares trading hands. The stock had previously closed at C$0.42.

The stock’s 50 day moving average price is $0.49 and its 200-day moving average price is $0.58. The company has a market cap of $36.24 million and a PE ratio of 1.161.

ILLEGAL ACTIVITY WARNING: “TAG Oil Ltd (TAO) Hits New 52-Week Low at $0.41” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/10/11/tag-oil-ltd-tao-hits-new-52-week-low-at-0-41.html.

About TAG Oil

TAG Oil Ltd. engages in the exploration, development, and production of oil and gas. 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, which is located in the Surat Basin in Australia.

Receive News & Stock Ratings for TAG Oil Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAG Oil Ltd and related stocks with our FREE daily email newsletter.