TAG Oil Ltd. (CVE:TAO – Get Free Report) insider Barry Macneil sold 300,000 shares of TAG Oil stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of C$0.09, for a total value of C$27,000.00. Following the transaction, the insider directly owned 207,160 shares of the company’s stock, valued at approximately C$18,644.40. The trade was a 59.15% decrease in their ownership of the stock.
Barry Macneil also recently made the following trade(s):
- On Tuesday, October 21st, Barry Macneil sold 1,000 shares of TAG Oil stock. The shares were sold at an average price of C$0.11, for a total transaction of C$110.00.
TAG Oil Stock Performance
TAO opened at C$0.12 on Monday. The firm has a market cap of C$26.04 million, a price-to-earnings ratio of -5.75 and a beta of 0.99. The firm’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.12. TAG Oil Ltd. has a twelve month low of C$0.08 and a twelve month high 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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