CGX Energy Inc. (CVE:OYL – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.15 and traded as low as C$0.14. CGX Energy shares last traded at C$0.16, with a volume of 97,280 shares changing hands.
CGX Energy Price Performance
The company has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.12. The firm has a market capitalization of C$54.17 million, a PE ratio of -0.89 and a beta of -1.51.
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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