Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report)’s stock price shot up 4.3% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.12. 69,829 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 187,371 shares. The stock had previously closed at C$0.12.
Falcon Oil & Gas Stock Performance
The stock has a market cap of C$149.85 million, a P/E ratio of -12.50 and a beta of 0.51. The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09.
Falcon Oil & Gas Company Profile
Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.
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