TAG Oil Ltd. (CVE:TAO – Free Report) – Stock analysts at Ventum Cap Mkts reduced their FY2024 EPS estimates for TAG Oil in a research report issued on Monday, December 9th. Ventum Cap Mkts analyst A. Gill now forecasts that the company will post earnings per share of ($0.03) for the year, down from their previous forecast of ($0.02). The consensus estimate for TAG Oil’s current full-year earnings is $0.13 per share.
TAG Oil Stock Down 3.3 %
TAG Oil stock opened at C$0.15 on Thursday. The company has a 50 day moving average of C$0.18. The company has a market capitalization of C$26.84 million, a PE ratio of -2.90 and a beta of -0.05. TAG Oil has a 12-month low of C$0.14 and a 12-month high of C$0.64.
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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