Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) traded up 10% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. 178,733 shares were traded during trading, an increase of 12% from the average session volume of 159,906 shares. The stock had previously closed at C$0.10.
Falcon Oil & Gas Price Performance
The company's 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.10. The company has a market cap of C$77.98 million, a P/E ratio of -27.70 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.
Further Reading
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