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Falcon Oil & Gas (CVE:FO) Hits New 12-Month High - Here's What Happened

Falcon Oil & Gas logo with Energy background

Key Points

  • Falcon Oil & Gas Ltd. shares reached a new 52-week high of C$0.17, closing at C$0.16 with a trading volume of 358,211 shares.
  • The company has a market capitalization of C$177.46 million and a P/E ratio of -53.33.
  • Falcon Oil & Gas is involved in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary, with significant interests in the Beetaloo Sub-basin.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.16, with a volume of 358211 shares. The stock had previously closed at C$0.16.

Falcon Oil & Gas Stock Performance

The business's 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.12. The stock has a market capitalization of C$183.01 million, a price-to-earnings ratio of -55.00 and a beta of 1.05.

About Falcon Oil & Gas

(Get Free Report)

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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