ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s share price rose 13.2% during trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 169,169 shares were traded during trading, a decline of 39% from the average daily volume of 275,643 shares. The stock had previously closed at C$0.19.
ShaMaran Petroleum Price Performance
The firm has a 50-day moving average of C$0.19 and a 200 day moving average of C$0.18. The company has a market capitalization of C$460.25 million, a PE ratio of 6.26 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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