TAG Oil Ltd. (CVE:TAO – Get Free Report)’s share price dropped 3.2% during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 19,200 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 192,328 shares. The stock had previously closed at C$0.16.
Analyst Ratings Changes
Separately, Haywood Securities raised TAG Oil to a “strong-buy” rating in a report on Thursday, August 15th.
Get Our Latest Stock Report on TAG Oil
TAG Oil Stock Up 3.3 %
TAG Oil (CVE:TAO – Get Free Report) last released its earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts expect that TAG Oil Ltd. will post 0.1306306 EPS for the current year.
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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