Falcon Oil & Gas Ltd. (CVE:FO – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 134365 shares trading hands. The stock had previously closed at C$0.09.
Falcon Oil & Gas Price Performance
The firm has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.10. The company has a market cap of C$88.80 million, a P/E 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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