Key Points
- Insider sale: Barry Macneil sold 300,000 TAG Oil shares on Oct. 22 at C$0.09 each for C$27,000, cutting his position by 59.15% to 207,160 shares.
- Stock context: TAG Oil trades around C$0.12 (50-day MA C$0.11, 200-day MA C$0.12) with a 52-week range of C$0.08–C$0.19, a market cap of C$26.04M and a negative P/E of -5.75.
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 stock was sold at an average price of C$0.09, for a total transaction of C$27,000.00. Following the completion of the sale, the insider owned 207,160 shares of the company's stock, valued at approximately C$18,644.40. This trade represents a 59.15% decrease in their position.
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 value of C$110.00.
TAG Oil Stock Performance
CVE TAO opened at C$0.12 on Friday. The company has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12. TAG Oil Ltd. has a 52 week low of C$0.08 and a 52 week high of C$0.19. The stock has a market cap of C$26.04 million, a price-to-earnings ratio of -5.75 and a beta of 0.99.
TAG Oil Company Profile
(
Get Free Report)
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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