Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) dropped 32.3% on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 575,562 shares were traded during mid-day trading, an increase of 1,055% from the average daily volume of 49,825 shares. The stock had previously closed at C$0.16.
CGX Energy Stock Down 32.3 %
The firm has a market capitalization of C$35.55 million, a PE ratio of -10.50 and a beta of 1.33. The company has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.17. The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.25.
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.
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