Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) were down 13% during mid-day trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 122,999 shares were traded during trading, a decline of 2% from the average daily volume of 125,772 shares. The stock had previously closed at C$0.23.
CGX Energy Stock Performance
The firm has a market cap of C$64.32 million, a price-to-earnings ratio of -1.12 and a beta of 1.65. The business has a fifty day moving average of C$0.22 and a two-hundred day moving average of C$0.17.
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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