ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.20 and traded as high as C$0.23. ShaMaran Petroleum shares last traded at C$0.22, with a volume of 54,682 shares traded.
ShaMaran Petroleum Stock Performance
The business has a 50-day moving average of C$0.20 and a two-hundred day moving average of C$0.14. The company has a market cap of C$410.22 million, a P/E ratio of 5.58 and a beta of 1.14. The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07.
Insider Activity at ShaMaran Petroleum
In other ShaMaran Petroleum news, Director Garrett Soden sold 11,113,667 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$0.15, for a total value of C$1,667,050.05. 25.89% of the stock is owned by corporate insiders.
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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