Falcon Oil & Gas (CVE:FO) Hits New 52-Week Low – Here’s Why

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 215201 shares changing hands. The stock had previously closed at C$0.08.

Falcon Oil & Gas Price Performance

The stock’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10. The stock has a market cap of C$94.35 million, a P/E ratio of -12.50 and a beta of 0.51.

Falcon Oil & Gas Company Profile

(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.

Further Reading

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