Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.12 and traded as low as C$0.11. Falcon Oil & Gas shares last traded at C$0.11, with a volume of 107,729 shares changing hands.
Falcon Oil & Gas Trading Up 13.6%
The company has a market cap of C$97.48 million, a price-to-earnings ratio of -34.63 and a beta of 0.51. The firm's 50-day moving average price is C$0.12 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.
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