ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.21 and traded as low as C$0.19. ShaMaran Petroleum shares last traded at C$0.19, with a volume of 662,500 shares trading hands.
ShaMaran Petroleum Price Performance
The company has a market capitalization of C$400.21 million, a P/E ratio of 5.45 and a beta of 1.14. The company has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.15. 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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