CGX Energy Inc. (CVE:OYL - Get Free Report) traded down 12.8% on Friday . The company traded as low as C$0.17 and last traded at C$0.17. 125,000 shares changed hands during trading, an increase of 145% from the average session volume of 51,022 shares. The stock had previously closed at C$0.20.
CGX Energy Stock Performance
The company has a fifty day moving average of C$0.19 and a two-hundred day moving average of C$0.21. The firm has a market capitalization of C$62.63 million, a price-to-earnings ratio of -18.50 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.
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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