CGX Energy Inc. (CVE:OYL – Get Free Report) was up 17.1% on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 210,097 shares were traded during trading, an increase of 120% from the average daily volume of 95,557 shares. The stock had previously closed at C$0.21.
CGX Energy Stock Performance
The company has a market cap of C$81.25 million, a P/E ratio of -1.41 and a beta of 0.14. The firm has a 50 day moving average price of C$0.16 and a 200-day moving average price of 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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