Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.11 and traded as high as C$0.13. Falcon Oil & Gas shares last traded at C$0.13, with a volume of 39,500 shares changing hands.
Falcon Oil & Gas Price Performance
The firm's 50 day moving average is C$0.11 and its 200 day moving average is C$0.11. The company has a market capitalization of C$97.48 million, a PE ratio of -34.63 and a beta of 0.51.
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.
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