Sintana Energy (CVE:SEI) Trading 25.5% Higher - Time to Buy?

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price traded 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 Trading Up 1.4%

The stock's 50-day moving average price is C$0.53 and its 200-day moving average price is C$0.75. The company has a market capitalization of C$261.30 million, a P/E ratio of -26.00 and a beta of 0.87.

Insider Transactions at Sintana Energy

In other Sintana Energy news, Senior Officer David Lewis Cherry sold 100,000 shares of Sintana Energy stock in a transaction that occurred 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. Also, Director Robert Bose sold 89,666 shares of Sintana Energy stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of C$0.49, for a total transaction of C$44,038.74. Insiders have sold 589,666 shares of company stock valued at $351,789 in the last quarter. 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.