CGX Energy Inc. (CVE:OYL – Get Free Report)’s stock price dropped 25.8% on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.12. Approximately 410,510 shares were traded during trading, an increase of 830% from the average daily volume of 44,133 shares. The stock had previously closed at C$0.16.
CGX Energy Stock Down 25.8 %
The company has a debt-to-equity ratio of 78.75, a current ratio of 0.25 and a quick ratio of 0.10. The company has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.17. The firm has a market capitalization of C$38.93 million, a PE ratio of -11.50 and a beta of 1.33.
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.
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