Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.15, with a volume of 564664 shares changing hands. The stock had previously closed at C$0.14.
Falcon Oil & Gas Stock Performance
The company has a market cap of C$171.92 million, a price-to-earnings ratio of -51.67 and a beta of 1.05. The business's 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.12.
Falcon Oil & Gas Company Profile
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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.
Further Reading
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