Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares 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$0.14. Falcon Oil & Gas shares last traded at C$0.13, with a volume of 185,811 shares changing hands.
Falcon Oil & Gas Stock Up 4.0 %
The company has a market cap of C$144.30 million, a price-to-earnings ratio of -12.50 and a beta of 0.51. The stock’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.09.
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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