CGX Energy (CVE:OYL) Sets New 52-Week Low at $0.11

CGX Energy Inc. (CVE:OYLGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.13, with a volume of 54400 shares traded. The stock had previously closed at C$0.12.

CGX Energy Price Performance

The company has a current ratio of 0.25, a quick ratio of 0.10 and a debt-to-equity ratio of 78.75. The firm has a market capitalization of C$44.01 million, a PE ratio of -13.00 and a beta of 1.29. The business has a 50-day moving average of C$0.22 and a 200 day moving average of C$0.30.

About CGX Energy

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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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