Sintana Energy Inc. (CVE:SEI - Get Free Report) shot up 25.5% on Friday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares changed hands during trading, an increase of 252% from the average session volume of 514,629 shares. The stock had previously closed at C$0.51.
Sintana Energy Stock Up 25.5%
The firm has a 50 day simple moving average of C$0.53 and a two-hundred day simple moving average of C$0.75. The stock has a market capitalization of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87.
Insiders Place Their Bets
In related news, Senior Officer David Lewis Cherry sold 100,000 shares of the firm's stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of C$0.46, for a total transaction of C$46,000.00. Also, Director Robert Bose sold 89,666 shares of the firm's stock in a transaction on Monday, April 28th. The stock was sold at an average price of C$0.49, for a total value of C$44,038.74. Corporate insiders own 15.35% of the company's stock.
Sintana Energy Company Profile
(
Get Free Report)
Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.
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