Falcon Oil & Gas (CVE:FO) Shares Down 3.7%

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report)’s stock price was down 3.7% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 57,050 shares changed hands during trading, a decline of 71% from the average daily volume of 199,564 shares. The stock had previously closed at C$0.14.

Falcon Oil & Gas Stock Down 7.4 %

The company has a market cap of C$130 million, a P/E ratio of -12.50 and a beta of 0.64. The business has a fifty day moving average price of C$0.16 and a 200-day moving average price of C$0.14.

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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