Falcon Oil & Gas (CVE:FO) Stock Price Crosses Below 50 Day Moving Average of $0.14

Shares of Falcon Oil & Gas Ltd. (CVE:FOGet Rating) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as low as C$0.12. Falcon Oil & Gas shares last traded at C$0.13, with a volume of 105,006 shares.

Falcon Oil & Gas Trading Up 4.2 %

The firm has a 50-day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.16. The company has a market capitalization of C$130.54 million and a price-to-earnings ratio of -25.00.

Falcon Oil & Gas Company Profile

(Get Rating)

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. It 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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