Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 60,740 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 309,784 shares, the days-to-cover ratio is presently 0.2 days.
Falcon Oil & Gas Stock Down 2.7%
OTCMKTS:FOLGF opened at $0.24 on Friday. Falcon Oil & Gas has a one year low of $0.07 and a one year high of $0.30. The stock has a 50 day moving average price of $0.22 and a 200 day moving average price of $0.18.
About Falcon Oil & Gas
Falcon Oil & Gas Limited is an independent oil and gas exploration and production company headquartered in Dublin, Ireland, and trading on the OTC Markets under the symbol FOLGF. The company is focused on identifying, acquiring and developing both conventional and unconventional hydrocarbon resources in Europe, with a primary emphasis on Central Europe.
The company’s principal assets include onshore exploration permits and production licenses in Hungary and Romania. In Hungary, Falcon holds interests in multiple blocks where it has conducted 2D and 3D seismic surveys and appraisal drilling to evaluate the potential of unconventional gas plays.
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