ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.19 and traded as low as C$0.18. ShaMaran Petroleum shares last traded at C$0.18, with a volume of 19,500 shares.
ShaMaran Petroleum Price Performance
The firm's fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.17. The company has a market capitalization of C$360.19 million, a price-to-earnings ratio of 4.90 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.
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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