CGX Energy Inc. (CVE:OYL – Get Free Report) shares were down 19.4% on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.13. Approximately 318,006 shares were traded during mid-day 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 Trading Down 25.8 %
The stock has a market capitalization of C$38.93 million, a P/E ratio of -11.50 and a beta of 1.33. The firm’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.17. The company has a quick ratio of 0.10, a current ratio of 0.25 and a debt-to-equity ratio of 78.75.
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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