TAG Oil Ltd (TSE:TAO) Director Abdel Fattah Badwi Acquires 200,000 Shares

TAG Oil Ltd (TSE:TAO) Director Abdel Fattah Badwi acquired 200,000 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of C$0.15 per share, with a total value of C$30,000.00.

TAG Oil Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 81.14 and a current ratio of 81.24. TAG Oil Ltd has a twelve month low of C$0.09 and a twelve month high of C$0.42. The stock has a 50 day moving average of C$0.13. The company has a market capitalization of C$11.10 million and a PE ratio of 1.86.

About TAG Oil

TAG Oil Ltd. engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. 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 located in the Surat Basin in Australia.