Shares of CGX Energy Inc. (CVE:OYL – Get Free Report) were up 27.5% during mid-day trading on Monday . The company traded as high as C$0.26 and last traded at C$0.26. 126,444 shares were traded during trading, an increase of 66% from the average session volume of 76,218 shares. The stock had previously closed at C$0.20.
CGX Energy Price Performance
The company has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.22. The firm has a market cap of C$91.41 million, a PE ratio of -1.17 and a beta of 2.03. The company has a current ratio of 0.06, a quick ratio of 0.10 and a debt-to-equity ratio of -12.35.
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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