CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price was down 21.3% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 290,672 shares traded hands during mid-day trading, an increase of 214% from the average daily volume of 92,455 shares. The stock had previously closed at C$0.24.
CGX Energy Trading Down 21.3%
The stock has a market capitalization of C$62.63 million, a price-to-earnings ratio of -1.09 and a beta of 0.14. The company’s 50 day moving average is C$0.15 and its 200 day moving average is C$0.15.
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. CGX Energy Inc was incorporated in 1998 and is headquartered in Toronto, Canada.
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