Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) traded down 2.2% during trading on Friday . The company traded as low as C$0.22 and last traded at C$0.22. 123,345 shares were traded during mid-day trading, a decline of 51% from the average session volume of 250,909 shares. The stock had previously closed at C$0.23.
ShaMaran Petroleum Price Performance
The business's 50-day moving average price is C$0.20 and its 200 day moving average price is C$0.19. 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 company has a market capitalization of C$410.22 million, a P/E ratio of 5.58 and a beta of 1.14.
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.
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