CGX Energy Inc. (CVE:OYL – Get Free Report) shares rose 15% during mid-day trading on Friday . The stock traded as high as C$1.17 and last traded at C$1.15. Approximately 158,968 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 118,447 shares. The stock had previously closed at C$1.00.
CGX Energy Trading Up 22.0 %
The stock has a market cap of C$413.03 million, a price-to-earnings ratio of -40.67 and a beta of 1.08. The company has a debt-to-equity ratio of 78.75, a quick ratio of 0.10 and a current ratio of 0.75. The business has a 50-day simple moving average of C$1.20 and a two-hundred day simple moving average of C$1.39.
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 three petroleum prospecting licenses and related petroleum agreements, including Corentyne, Berbice, and Demerara blocks located in offshore and onshore Guyana.
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