CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price traded down 7.7% on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.18. 189,356 shares traded hands during trading, an increase of 317% from the average session volume of 45,421 shares. The stock had previously closed at C$0.20.
CGX Energy Stock Performance
The company has a quick ratio of 0.10, a current ratio of 0.33 and a debt-to-equity ratio of 78.75. The stock has a market cap of C$60.94 million, a price-to-earnings ratio of -19.50 and a beta of 1.29. The stock’s fifty day moving average is C$0.26 and its 200-day moving average is C$0.32.
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.
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