Bryan Scott Sheffield Sells 2,000,000 Shares of Falcon Oil & Gas (CVE:FO) Stock

Key Points

• Bryan Scott Sheffield, a director at Falcon Oil & Gas, sold a total of 6,731,000 shares over three days, with the latest sale being 2,000,000 shares at an average price of C$0.19, amounting to C$380,000.
• Following these transactions, Sheffield's ownership in Falcon Oil & Gas decreased by 1.72%, leaving him with approximately 114.4 million shares valued at about C$21.7 million.
• As of the latest trading day, Falcon Oil & Gas shares were priced at C$0.20 and the company has a market capitalization of C$221.83 million with a twelve-month trading range of C$0.07 to C$0.22.

Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) Director Bryan Scott Sheffield sold 2,000,000 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of C$0.19, for a total transaction of C$380,000.00. Following the sale, the director directly owned 114,386,398 shares of the company's stock, valued at approximately C$21,733,415.62. This represents a 1.72% decrease in their ownership of the stock.

Bryan Scott Sheffield also recently made the following trade(s):

• On Wednesday, October 1st, Bryan Scott Sheffield sold 4,000,000 shares of Falcon Oil & Gas stock. The shares were sold at an average price of C$0.19, for a total value of C$760,000.00.
• On Thursday, October 2nd, Bryan Scott Sheffield sold 731,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.21, for a total value of C$153,510.00.

Falcon Oil & Gas Price Performance

CVE FO traded down C$0.01 on Friday, hitting C$0.20. 714,475 shares of the company were exchanged, compared to its average volume of 231,048. The firm has a market capitalization of C$221.83 million, a P/E ratio of -66.67 and a beta of 1.05. Falcon Oil & Gas Ltd. has a twelve month low of C$0.07 and a twelve month high of C$0.22. The company's 50 day moving average price is C$0.14 and its 200-day moving average price is C$0.13.

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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