Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) traded up 13.2% on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. 169,169 shares were traded during mid-day trading, a decline of 39% from the average session volume of 275,643 shares. The stock had previously closed at C$0.19.
ShaMaran Petroleum Trading Up 2.2%
The firm has a market cap of C$460.25 million, a price-to-earnings ratio of 6.26 and a beta of 1.14. The company has a current ratio of 4.89, a quick ratio of 1.07 and a debt-to-equity ratio of 100.09. The company has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.18.
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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