Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report)'s share price fell 11.1% on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. 214,583 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 143,445 shares. The stock had previously closed at C$0.14.
Falcon Oil & Gas Trading Up 3.7%
The company's fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.12. The stock has a market cap of C$109.18 million, a price-to-earnings ratio of -38.78 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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