CGX Energy Inc. (CVE:OYL – Get Free Report) shares were down 32.3% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 575,562 shares traded hands during mid-day trading, an increase of 1,055% from the average daily volume of 49,825 shares. The stock had previously closed at C$0.16.
CGX Energy Stock Down 32.3 %
The company has a market capitalization of C$35.55 million, a price-to-earnings ratio of -10.50 and a beta of 1.33. The firm has a 50-day moving average price of C$0.15 and a two-hundred day moving average price of C$0.17. The company has a debt-to-equity ratio of 78.75, a current ratio of 0.25 and a quick ratio of 0.10.
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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