Falcon Oil & Gas (CVE:FO) Shares Down 15.4% - What's Next?

Falcon Oil & Gas logo with Energy background

Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) traded down 15.4% during trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.11. 501,263 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 198,793 shares. The stock had previously closed at C$0.13.

Falcon Oil & Gas Trading Up 9.1 %

The stock has a market capitalization of C$133.20 million, a PE ratio of -12.50 and a beta of 0.51. The company's 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09.

About Falcon Oil & Gas

(Get Free Report)

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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