Insider Selling: Falcon Oil & Gas (CVE:FO) Insider Sells C$380,000.00 in Stock

Falcon Oil & Gas Ltd. (CVE:FO) insider Lp Sheffield Holdings sold 2,000,000 shares of Falcon Oil & Gas stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of C$0.19, for a total transaction of C$380,000.00. Following the completion of the sale, the insider owned 114,386,398 shares in the company, valued at C$21,733,415.62. This trade represents a 1.72% decrease in their ownership of the stock.

Lp Sheffield Holdings also recently made the following trade(s):

• On Wednesday, October 1st, Lp Sheffield Holdings 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.
• On Thursday, October 2nd, Lp Sheffield Holdings sold 731,000 shares of Falcon Oil & Gas stock. The shares were sold at an average price of C$0.21, for a total transaction of C$153,510.00.

Falcon Oil & Gas Price Performance

Shares of CVE:FO opened at C$0.20 on Monday. The company’s 50-day moving average price is C$0.15 and its two-hundred day moving average price is C$0.13. Falcon Oil & Gas Ltd. has a one year low of C$0.07 and a one year high of C$0.22. The stock has a market capitalization of C$216.28 million, a PE ratio of -65.00 and a beta of 0.99.

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.