Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report)’s share price dropped 16.7% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 276,858 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 161,596 shares. The stock had previously closed at C$0.09.
Falcon Oil & Gas Stock Performance
The stock has a market cap of C$94.35 million, a PE ratio of -12.50 and a beta of 0.53. The stock has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.12.
About Falcon Oil & Gas
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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