CGX Energy Inc. (CVE:OYL – Get Free Report)’s stock price was down 16.1% during mid-day trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13. Approximately 193,089 shares traded hands during mid-day trading, an increase of 513% from the average daily volume of 31,516 shares. The stock had previously closed at C$0.16.
CGX Energy Price Performance
The stock has a fifty day moving average price of C$0.15 and a 200-day moving average price of C$0.17. The firm has a market capitalization of C$38.93 million, a PE ratio of -11.50 and a beta of 1.33. The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.25.
About CGX Energy
CGX Energy Inc, an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and related petroleum agreements on Corentyne block in the Guyana Basin, offshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana.
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