CGX Energy Inc. (CVE:OYL – Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$0.22 and traded as low as C$0.21. CGX Energy shares last traded at C$0.21, with a volume of 1,217 shares.
CGX Energy Stock Up 5.0%
The company has a market cap of C$71.10 million, a PE ratio of -3.50 and a beta of 2.01. The firm’s fifty day simple moving average is C$0.22 and its 200-day simple moving average is C$0.22.
CGX Energy Company Profile
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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