Corporate News: Tag Oil Ltd. (TAO.V) Performance Update
Date of Report: Thursday, 22 October 2026 (24‑hour period ending 04:36 AM Central Europe)
1. Trading Performance
- The Tag Oil share price increased by 25 % during the 24‑hour period ending at 04:36 AM Central Europe.
- The current trading price is CAD 0.05 on major exchanges.
- Volume traded in the last 24 hours is CAD 319,900.
2. Market Capitalisation and Share Supply
- Total shares outstanding: 342.3 million.
- Current market capitalisation: CAD 13.7 million.
3. Historical Price Context
- Simple moving average (200 days): CAD 0.09.
- 52‑week high: CAD 0.14 (recorded on 11 March 2025).
- 52‑week low: CAD 0.04 (recorded on 20 October 2026).
4. Comparison with Peer Companies
| Company | Ticker | 24‑hour change | Current price | Market cap (CAD) |
|---|---|---|---|---|
| Eastport Critical Metals Corporation | EVI.V | –2.04 % | 0.45 | 16.4 M |
| Silver Bullet Mines | SBMI.V | +4.55 % | 0.12 | 16.3 M |
| Northmin | NMB.V | –24.19 % | 0.23 | 16.4 M |
| PTX Metals | PTX.V | 0 % | 0.07 | 16.3 M |
| High Arctic Energy Services | HWO.TO | +0.78 % | 1.29 | 16.3 M |
High Arctic Energy Services also reports a price‑to‑earnings ratio of 18.26.
5. Company Overview
Tag Oil Ltd. is an oil and gas exploration and production company focused on New Zealand’s North Island. Its operations are concentrated in the Taranaki Basin and East Coast Basin.
