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

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price was up 25.5% during mid-day trading on Saturday . The company traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares changed 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 stock has a market cap of C$238.90 million, a P/E ratio of -23.78 and a beta of 0.87. The business has a 50-day simple moving average of C$0.53 and a 200-day simple moving average of C$0.75.

Insiders Place Their Bets

In other Sintana Energy news, Senior Officer David Lewis Cherry sold 100,000 shares of the company's stock in a transaction that occurred 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 company's stock in a transaction that occurred 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. Company insiders own 15.35% of the company's stock.

About Sintana Energy

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.