ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) shares traded up 13.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 1,300,200 shares were traded during mid-day trading, an increase of 291% from the average session volume of 332,388 shares. The stock had previously closed at C$0.08.
ShaMaran Petroleum Stock Up 13.3 %
The company has a debt-to-equity ratio of 183.22, a quick ratio of 1.07 and a current ratio of 1.57. The company has a market cap of C$239.70 million, a price-to-earnings ratio of -8.50 and a beta of 1.20. The stock's fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.05.
Insider Buying and Selling at ShaMaran Petroleum
In other ShaMaran Petroleum news, Senior Officer Alex C. Lengyel sold 356,160 shares of the stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of C$0.61, for a total value of C$217,257.60. Company insiders own 25.89% of the company's stock.
ShaMaran Petroleum Company Profile
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ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.
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