ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.21 and traded as low as C$0.20. ShaMaran Petroleum shares last traded at C$0.20, with a volume of 33,353 shares.
ShaMaran Petroleum Trading Down 2.5 %
The company has a quick ratio of 1.07, a current ratio of 4.89 and a debt-to-equity ratio of 100.09. The stock has a market capitalization of C$390.21 million, a P/E ratio of 5.31 and a beta of 1.14. The firm's 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.15.
Insider Buying and Selling
In related news, Director Garrett Soden sold 11,113,667 shares of ShaMaran Petroleum stock in a transaction on 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. Insiders own 25.89% of the company's stock.
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.
Further Reading
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