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flag CGX Energy shares fell 21.3% to C$0.19 on Thursday amid heavy trading, with no stated reason.

flag CGX Energy (CVE:OYL) shares dropped 21.3% to C$0.19 on Thursday, reaching a low of C$0.18, with trading volume surging 214% above average. flag The Toronto-based oil and gas explorer, focused on Guyana projects including the Corentyne Block and Berbice Deep Water Port, has a market cap of C$62.63 million and negative P/E ratio of -1.09. flag Its 50-day and 200-day moving averages are both C$0.15. flag No specific reason for the decline was provided.

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