CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price traded up 17.1% during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. 210,097 shares were traded during trading, an increase of 120% from the average session volume of 95,557 shares. The stock had previously closed at C$0.21.
CGX Energy Stock Up 17.1%
The stock has a market capitalization of C$81.25 million, a price-to-earnings ratio of -1.41 and a beta of 0.14. The company’s fifty day simple moving average is C$0.16 and its 200 day simple moving average is 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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