Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.11 and traded as low as C$0.11. Falcon Oil & Gas shares last traded at C$0.11, with a volume of 37,058 shares.
Falcon Oil & Gas Trading Down 4.5 %
The company has a market capitalization of C$81.88 million, a P/E ratio of -29.09 and a beta of 0.51. The firm’s 50 day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10.
Falcon Oil & Gas Company Profile
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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