CGX Energy Inc. (CVE:OYL – Get Free Report) shares were down 19.4% during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13. Approximately 318,006 shares were traded during trading, an increase of 726% from the average daily volume of 38,490 shares. The stock had previously closed at C$0.16.
CGX Energy Stock Down 25.8 %
The business’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.17. The company has a current ratio of 0.25, a quick ratio of 0.10 and a debt-to-equity ratio of 78.75. The stock has a market cap of C$38.93 million, a price-to-earnings ratio of -11.50 and a beta of 1.33.
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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