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ShaMaran Petroleum (CVE:SNM) Trading Up 13.2% - What's Next?

ShaMaran Petroleum logo with Energy background

Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) were up 13.2% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 167,169 shares traded hands during trading, a decline of 39% from the average daily volume of 275,626 shares. The stock had previously closed at C$0.19.

ShaMaran Petroleum Trading Up 2.2%

The company has a debt-to-equity ratio of 100.09, a current ratio of 4.89 and a quick ratio of 1.07. The business has a 50-day moving average price of C$0.19 and a two-hundred day moving average price of C$0.18. The firm has a market cap of C$460.25 million, a PE ratio of 6.26 and a beta of 1.14.

ShaMaran Petroleum Company Profile

(Get Free Report)

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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