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

Sintana Energy Inc. (CVE:SEI - Get Free Report)'s share price traded up 25.5% during mid-day trading on Friday . The company traded as high as C$0.73 and last traded at C$0.64. 1,812,352 shares were traded during 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 firm has a market cap of C$238.90 million, a PE ratio of -23.78 and a beta of 0.87. The company has a 50 day simple moving average of C$0.52 and a two-hundred 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 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 that occurred on Tuesday, April 8th. The shares were sold at an average price of C$0.46, for a total value of C$46,000.00. 15.35% of the stock is owned by corporate insiders.

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.

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