TAG Oil Ltd. (CVE:TAO – Get Free Report) Director Abdel Fattah Badwi acquired 1,095,000 shares of TAG Oil stock in a transaction that occurred on Thursday, October 22nd. The shares were purchased at an average cost of C$0.05 per share, with a total value of C$54,750.00. Following the completion of the acquisition, the director owned 15,010,000 shares of the company’s stock, valued at C$750,500. The trade was a 7.87% increase in their position.
TAG Oil Stock Performance
TAO opened at C$0.04 on Friday. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.08. The company has a market cap of C$13.69 million, a price-to-earnings ratio of -4.00 and a beta of -0.33. TAG Oil Ltd. has a one year low of C$0.04 and a one year high of C$0.14.
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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