Sintana Energy (CVE:SEI) Trading Up 25.5% - Should You Buy?

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price shot up 25.5% during mid-day trading on Saturday . The stock traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares traded hands during mid-day 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 1.4%

The company has a market cap of C$261.30 million, a PE ratio of -26.00 and a beta of 0.87. The firm has a fifty day simple moving average of C$0.53 and a 200-day simple moving average of C$0.75.

Insider Activity at Sintana Energy

In other Sintana Energy news, Director Robert Bose sold 89,666 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of C$0.49, for a total transaction of C$44,038.74. Also, Senior Officer David Lewis Cherry sold 100,000 shares of the company's stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$0.69, for a total value of C$69,000.00. Insiders sold a total of 589,666 shares of company stock worth $351,789 over the last 90 days. Company insiders own 15.35% of the company's stock.

Sintana Energy Company Profile

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.