Shares of Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.08 and traded as low as C$0.08. Falcon Oil & Gas shares last traded at C$0.09, with a volume of 324,920 shares trading hands.
Falcon Oil & Gas Price Performance
The company has a market cap of C$94.35 million, a price-to-earnings ratio of -12.50 and a beta of 0.51. The firm’s fifty day moving average price is C$0.08 and its 200-day moving average price is 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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