Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) shot up 17.2% during trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.17. 132,048 shares traded hands during mid-day trading, an increase of 396% from the average session volume of 26,631 shares. The stock had previously closed at C$0.15.
CGX Energy Price Performance
The stock has a market cap of C$57.55 million, a PE ratio of -1.00 and a beta of -0.53. The company’s fifty day moving average is C$0.14 and its 200-day moving average is C$0.15.
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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