CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$0.20 and traded as high as C$0.21. CGX Energy shares last traded at C$0.21, with a volume of 83,906 shares traded.
CGX Energy Price Performance
The firm has a market cap of C$71.10 million, a P/E ratio of -3.50 and a beta of 2.01. The company’s 50-day moving average is C$0.20 and its two-hundred day moving average is C$0.22.
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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