CGX Energy Inc. (CVE:OYL – Get Free Report) shares fell 14.3% on Monday . The stock traded as low as C$0.23 and last traded at C$0.24. 483,145 shares traded hands during 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 Price Performance
The firm’s 50 day moving average is C$0.15 and its 200 day moving average is C$0.15. The company has a market cap of C$81.25 million, a PE ratio of -1.41 and a beta of 0.14.
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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