ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.24 and last traded at C$0.24, with a volume of 295928 shares. The stock had previously closed at C$0.22.
ShaMaran Petroleum Trading Up 2.3%
The firm's 50 day moving average is C$0.19 and its 200 day moving average is C$0.18. The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07. The company has a market capitalization of C$450.24 million, a PE ratio of 6.13 and a beta of 1.14.
About ShaMaran Petroleum
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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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