11:52 AM EDT, 04/29/2025 (MT Newswires) -- (Updates shares.)

Falcon Oil & Gas ( FOLGF ) on Tuesday reported a narrower 2024 loss.

The company said it lost US$3 million, or US$0.003 per share, in the year, compared with a loss of US$3.3 million, or US$0.003 per share.

For the fourth quarter of 2024, Falcon reported loss and comprehensive loss of US$1.2 million, widening from a loss of US$891,000.

The company said it was debt free with cash of US$6.8 million as of Dec. 31, compared with US$8 million cash as of Dec. 31, 2023.

Falcon shares were last seen up $0.005 to $0.11 on the TSX Venture Exchange.

Price: 0.11, Change: +0.01, Percent Change: +4.76