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Sintana Energy (CVE:SEI) Stock Price Up 25.5% - Here's What Happened

Sintana Energy logo with Energy background

Sintana Energy Inc. (CVE:SEI - Get Free Report) was up 25.5% during mid-day trading on Friday . The stock traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares traded hands during trading, an increase of 252% from the average daily volume of 514,629 shares. The stock had previously closed at C$0.51.

Sintana Energy Stock Up 25.5%

The firm has a market capitalization of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87. The business's 50 day moving average is C$0.52 and its 200-day moving average is C$0.75.

Insider Activity

In related news, Director Robert Bose sold 89,666 shares of the business's stock in a transaction on Monday, April 28th. The stock was 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 dated Tuesday, April 8th. The stock was sold at an average price of C$0.46, for a total value of C$46,000.00. Corporate insiders own 15.35% of the company's stock.

About Sintana Energy

(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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