Falcon Oil & Gas (CVE:FO) Trading Up 4.3% – Time to Buy?

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report) shares were up 4.3% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.12. Approximately 69,829 shares changed hands during trading, a decline of 63% from the average daily volume of 187,371 shares. The stock had previously closed at C$0.12.

Falcon Oil & Gas Stock Performance

The business’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.09. The firm has a market capitalization of C$149.85 million, a PE ratio of -12.50 and a beta of 0.51.

Falcon Oil & Gas Company Profile

(Get Free Report)

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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