Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report)’s share price rose 12.5% on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 242,352 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 191,453 shares. The stock had previously closed at C$0.12.
Falcon Oil & Gas Stock Performance
The company has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The company has a market cap of C$149.85 million, a price-to-earnings ratio of -12.50 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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