Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.33, with a volume of 366296 shares trading hands. The stock had previously closed at C$0.31.
CGX Energy Stock Up 9.7%
The stock has a fifty day simple moving average of C$0.17 and a 200-day simple moving average of C$0.16. The company has a market capitalization of C$115.11 million, a P/E ratio of -2.00 and a beta of 0.14.
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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