Shares of Sintana Energy Inc. (CVE:SEI - Get Free Report) shot 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. 1,812,352 shares changed 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 Performance
The stock has a 50 day moving average of C$0.53 and a 200-day moving average of C$0.75. The company has a market cap of C$238.90 million, a PE ratio of -23.78 and a beta of 0.87.
Insider Transactions at Sintana Energy
In related news, Senior Officer David Lewis Cherry sold 100,000 shares of the business's stock in a transaction on Tuesday, April 8th. The shares were 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 dated 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
(
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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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