CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price traded up 43.6% during mid-day trading on Friday . The company traded as high as C$0.33 and last traded at C$0.28. 612,953 shares traded hands during mid-day trading, an increase of 816% from the average session volume of 66,946 shares. The stock had previously closed at C$0.20.
CGX Energy Price Performance
The company has a market capitalization of C$94.79 million, a price-to-earnings ratio of -1.65 and a beta of 0.14. The business’s 50 day simple moving average is C$0.14 and its 200 day simple 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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