Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.12 and traded as high as C$0.14. Falcon Oil & Gas shares last traded at C$0.14, with a volume of 528,732 shares changing hands.
Falcon Oil & Gas Trading Down 3.7%
The company has a market cap of C$101.38 million, a price-to-earnings ratio of -36.01 and a beta of 0.51. The business has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.11.
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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