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CGX Energy (CVE:OYL) Stock Price Up 2.7% - Here's What Happened

CGX Energy logo with Energy background

CGX Energy Inc. (CVE:OYL - Get Free Report)'s stock price traded up 2.7% on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. 28,318 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 51,324 shares. The stock had previously closed at C$0.19.

CGX Energy Stock Performance

The firm has a market cap of C$64.32 million, a P/E ratio of -19.00 and a beta of 1.33. The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.25. The firm's fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.21.

CGX Energy Company Profile

(Get Free Report)

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.

Further Reading

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