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flag Falcon Oil & Gas stock plunges 15.4%, trading volume spikes by 152%.

flag Falcon Oil & Gas (CVE:FO) saw its stock price drop by 15.4% on Wednesday, closing at C$0.11 after trading as low as C$0.10. flag Trading volume spiked by 152%, reaching 501,263 shares. flag The company, which explores and develops oil and gas assets in Australia, South Africa, and Hungary, has a market cap of C$133.20 million and holds 22.5% interest in three exploration permits in Australia's Beetaloo Sub-basin.

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