CGX Energy Inc. (CVE:OYL – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 65752 shares changing hands. The stock had previously closed at C$0.12.
CGX Energy Trading Down 4.3 %
The company’s fifty day moving average is C$0.14 and its two-hundred day moving average is C$0.16. The stock has a market cap of C$23.27 million, a price-to-earnings ratio of -2.58 and a beta of 1.33.
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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