CGX Energy Inc. (CVE:OYL – Get Free Report) shares were down 11.6% on Tuesday . The company traded as low as C$0.31 and last traded at C$0.31. Approximately 169,249 shares changed hands during mid-day trading, an increase of 29% from the average daily volume of 130,751 shares. The stock had previously closed at C$0.35.
CGX Energy Trading Down 13.0%
The company has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.17. The firm has a market capitalization of C$101.56 million, a P/E ratio of -1.76 and a beta of 1.65.
CGX Energy Company Profile
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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