Falcon Oil & Gas (CVE:FO) Trading Up 2.4%

Falcon Oil & Gas Ltd (CVE:FO)’s stock price was up 2.4% during mid-day trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22, approximately 1,175 shares traded hands during trading. A decline of 99% from the average daily volume of 216,527 shares. The stock had previously closed at C$0.21.

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The company has a 50-day moving average price of C$0.21 and a 200-day moving average price of C$0.23. The firm has a market capitalization of $216.01 million and a price-to-earnings ratio of -210.00.

Falcon Oil & Gas Company Profile (CVE:FO)

Falcon Oil & Gas Ltd., an oil and gas company, engages in the acquisition, exploration, and development of unconventional oil and gas assets in Australia, Hungary, South Africa, and Canada. It holds interests in three exploration permits covering an area of approximately 1.4 million net acres in the Beetaloo Basin, Northern Territory, Australia.

Further Reading: Moving Average – How it Helps Investors in Stock Selection

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