Shares of Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) rose 12.5% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 242,352 shares traded hands during trading, an increase of 27% from the average daily volume of 191,453 shares. The stock had previously closed at C$0.12.
Falcon Oil & Gas Stock Performance
The stock has a market cap of C$149.85 million, a price-to-earnings ratio of -12.50 and a beta of 0.51. The stock's 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.09.
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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