CGX Energy obtains C$2.5 million loan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
0mins
Source: SeekingAlpha
Loan Agreement: CGX Energy's subsidiary, CGX Resources, has secured a $2.5 million loan facility from Frontera Energy to support its operations in the Corentyne block offshore Guyana.
Purpose of Funds: The loan will be used to finance CGX's share of corporate working capital and other budgeted costs related to its petroleum prospecting activities.
Analyst Views on CA
Wall Street analysts forecast CA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 25.020
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Current: 25.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
