Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) were up 2.7% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 28,318 shares were traded during trading, a decline of 45% from the average daily volume of 51,324 shares. The stock had previously closed at C$0.19.
CGX Energy Stock Performance
The firm has a 50-day moving average of C$0.18 and a two-hundred day moving average of C$0.21. The company has a quick ratio of 0.10, a current ratio of 0.25 and a debt-to-equity ratio of 78.75. The company has a market capitalization of C$64.32 million, a PE ratio of -19.00 and a beta of 1.33.
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.
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