Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) shares dropped 15.4% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 501,263 shares were traded during mid-day trading, an increase of 152% from the average daily volume of 198,793 shares. The stock had previously closed at C$0.13.
Falcon Oil & Gas Stock Down 15.4 %
The stock has a market capitalization of C$122.10 million, a PE ratio of -12.50 and a beta of 0.51. The stock’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.09.
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.
Featured Articles
- Five stocks we like better than Falcon Oil & Gas
- 3 Monster Growth Stocks to Buy Now
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Investing in Travel Stocks Benefits
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- How to Use the MarketBeat Dividend Calculator
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Falcon Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.