Falcon Oil & Gas (CVE:FO) Director Sells C$153,510.00 in Stock

Falcon Oil & Gas Ltd. (CVE:FO) Director Bryan Scott Sheffield sold 731,000 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of C$0.21, for a total transaction of C$153,510.00. Following the sale, the director owned 109,655,398 shares of the company’s stock, valued at approximately C$23,027,633.58. This represents a 0.66% decrease in their position.

Bryan Scott Sheffield also recently made the following trade(s):

• On Tuesday, September 30th, Bryan Scott Sheffield sold 2,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total transaction of C$380,000.00.
• On Wednesday, October 1st, Bryan Scott Sheffield sold 4,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total transaction of C$760,000.00.

Falcon Oil & Gas Price Performance

Shares of CVE:FO opened at C$0.20 on Friday. The stock has a market cap of C$216.28 million, a P/E ratio of -65.00 and a beta of 1.05. The firm has a fifty day moving average price of C$0.15 and a 200 day moving average price of C$0.13. Falcon Oil & Gas Ltd. has a 1-year low of C$0.07 and a 1-year high of C$0.22.

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.