Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) rose 4% on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.13. Approximately 1,719,142 shares were traded during mid-day trading, an increase of 1,081% from the average daily volume of 145,516 shares. The stock had previously closed at C$0.13.
Falcon Oil & Gas Trading Up 7.7%
The firm has a market cap of C$109.18 million, a P/E ratio of -38.78 and a beta of 0.51. The business has a 50-day moving average of C$0.11 and a two-hundred day moving average of C$0.11.
About Falcon Oil & Gas
(
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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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