Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.10 and traded as low as C$0.09. Falcon Oil & Gas shares last traded at C$0.09, with a volume of 20,625 shares trading hands.
Falcon Oil & Gas Trading Down 5.3 %
The business’s fifty day moving average is C$0.10 and its 200 day moving average is C$0.11. The company has a market cap of C$99.90 million, a P/E ratio of -12.50 and a beta of 0.54.
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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