CGX Energy Inc. (CVE:OYL – Get Free Report) shares were down 12.8% during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 125,000 shares were traded during mid-day trading, an increase of 145% from the average daily volume of 51,022 shares. The stock had previously closed at C$0.20.
CGX Energy Stock Performance
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 business has a 50-day simple moving average of C$0.19 and a 200 day simple moving average of C$0.21. The firm has a market cap of C$62.63 million, a PE ratio of -18.50 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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