Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.09 and traded as high as C$0.10. Falcon Oil & Gas shares last traded at C$0.09, with a volume of 110,994 shares.
Falcon Oil & Gas Price Performance
The company has a market capitalization of C$99.90 million, a P/E ratio of -12.50 and a beta of 0.51. The firm has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.11.
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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