|Bid||0.3650 x 0|
|Ask||0.3750 x 0|
|Day's Range||0.3700 - 0.3700|
|52 Week Range||0.3200 - 0.4200|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||5.29|
|Earnings Date||Jun. 29, 2020 - Jul. 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr. 14, 2020|
|1y Target Est||N/A|
TORONTO , March 16, 2020 /CNW/ - Trading resumes in: Company: TAG Oil Ltd. TSX Symbol: TAO (All Issues) Resumption (ET): 1:45:00 PM IIROC can make a decision to impose a temporary suspension (halt) of ...
VANCOUVER , March 16, 2020 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) has conducted a detailed evaluation of the overall business environment and opportunities for the Company to create long-term value for its shareholders following the New Zealand asset sale. TAG's Board and management have determined that a return of capital to its shareholders in the amount of C$0.30 per common share ( ~C$25.6 million in cash), in accordance with Canadian income tax law, is in the best interest of shareholders. The return of capital is scheduled to be paid on April 14, 2020 (payment date) to all shareholders of record of the common shares of the Company on March 27, 2020 (record date).
Anyone researching TAG Oil Ltd. (TSE:TAO) might want to consider the historical volatility of the share price. Modern...
VANCOUVER, Feb. 6, 2020 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to provide the following corporate update. TAG's current cash balance stands at ~C$41 million following a royalty payment of ~C$0.25 million for the quarter ended December 31, 2019. TAG holds a 2.5% gross overriding royalty on all future production from the New Zealand assets that it sold to Tamarind Resources Pte. Ltd. in September 2019.
VANCOUVER , Sept. 27, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2019 annual general meeting of shareholders (the "Meeting") held in Vancouver, ...
VANCOUVER, Sept. 25, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that it has closed its previously announced sale of substantially all of its New Zealand assets to Tamarind Resources Pte. Ltd. (the "Transaction"). Up to US$5 million in event specific payments payable on achieving various milestones (first milestone, grant of PMP 60454 (Supplejack) conversion, has already been achieved triggering payment of US$500,000 at closing).
VANCOUVER, Sept. 6, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to provide the following update on the sale of its New Zealand assets to Tamarind Resources Pte. Ltd. ("Tamarind"). TAG and Tamarind have mutually agreed to extend the closing date of the transaction under the share and asset purchase agreement. All necessary approvals have been granted and TAG and Tamarind are working on the final items necessary to close the transaction.
VANCOUVER , Aug. 14, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report its first quarter results for the interim period ending June 30, 2019 , which includes a 32% increase in ...
VANCOUVER, Aug. 1, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that final approval has been received from New Zealand Petroleum and Minerals for the sale and transfer of TAG's operatorship to Tamarind Resources Pte. Ltd ("Tamarind") of its New Zealand operations. TAG and Tamarind are working diligently to close the transaction within approximately the next 30 days. Additional information about the transaction can be found in the management information circular dated November 30, 2018, which is filed under TAG's SEDAR profile at www.sedar.com.
VANCOUVER, July 2, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report the annual and fourth quarter results for the fiscal year ending March 31, 2019. Notably, the Company was successful in increasing its revenue by 40% to $33.2 million along with a 33% increase in operating netbacks to $40.90 per boe for FY2019. At March 31, 2018, the Company had $1.9 million (March 31, 2018: $1.8 million) in cash and cash equivalents and $0.06 million (March 31, 2018: $3.4 million) in working capital.
VANCOUVER, June 18, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) confirms that ERC Equipoise Ltd. ("ERCE"), a qualified reserves evaluator in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook, has completed its independent reserves assessment on the Company's producing oil and gas assets within the Cheal (PMP 38156), Cheal East (PMP 60291) and Sidewinder (PMP 53803) permits in New Zealand. ERCE has assigned a pre-tax net present value of $98.7 million (FY2018: $97 million), using a 10% discount rate to the Company's net working interest proven plus probable ("2P") reserves.