Falcon Oil & Gas (CVE:FO) Stock Price Down 15.4% – Should You Sell?

Falcon Oil & Gas Ltd. (CVE:FOGet Free Report)’s stock price fell 15.4% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.11. 501,263 shares changed hands during trading, an increase of 152% from the average session volume of 198,793 shares. The stock had previously closed at C$0.13.

Falcon Oil & Gas Stock Up 9.1 %

The company has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.09. The company has a market capitalization of C$133.20 million, a price-to-earnings 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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