Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) dropped 9.5% during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 118,113 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 156,281 shares. The stock had previously closed at C$0.11.
Falcon Oil & Gas Stock Performance
The firm has a market cap of C$77.98 million, a P/E ratio of -27.70 and a beta of 0.51. The firm has a fifty day moving average of C$0.11 and a 200-day moving average of C$0.10.
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.
See Also
Before you consider Falcon Oil & Gas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Falcon Oil & Gas wasn't on the list.
While Falcon Oil & Gas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
