Shares of Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.12 and traded as low as C$0.11. Falcon Oil & Gas shares last traded at C$0.11, with a volume of 70,000 shares traded.
Falcon Oil & Gas Trading Down 8.7 %
The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.10. The company has a market cap of C$81.88 million, a price-to-earnings ratio of -29.09 and a beta of 0.51.
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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