Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares fell 3.7% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 57,050 shares were traded during mid-day trading, a decline of 71% from the average session volume of 199,564 shares. The stock had previously closed at C$0.14.
Falcon Oil & Gas Stock Down 3.8 %
The firm has a fifty day moving average of C$0.15 and a 200-day moving average of C$0.14. The stock has a market capitalization of C$130 million, a price-to-earnings ratio of -12.50 and a beta of 0.64.
About Falcon Oil & Gas
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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