CGX Energy Inc. (CVE:OYL – Get Free Report) traded down 14.3% during trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.24. 483,145 shares changed hands during mid-day trading, an increase of 487% from the average session volume of 82,360 shares. The stock had previously closed at C$0.28.
CGX Energy Stock Down 14.3%
The stock’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.15. The firm has a market capitalization of C$81.25 million, a price-to-earnings ratio of -1.41 and a beta of 0.14.
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. CGX Energy Inc was incorporated in 1998 and is headquartered in Toronto, Canada.
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