Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) fell 2.2% on Friday . The stock traded as low as C$0.22 and last traded at C$0.22. 123,345 shares traded hands 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 Stock Performance
The company has a market capitalization of C$420.23 million, a P/E ratio of 5.72 and a beta of 1.14. The firm has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.19. The company has a debt-to-equity ratio of 100.09, a quick ratio of 1.07 and a current ratio of 4.89.
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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