Shares of Sintana Energy Inc. (CVE:SEI - Get Free Report) rose 25.5% during trading on Saturday . The company traded as high as C$0.73 and last traded at C$0.64. Approximately 1,812,352 shares were traded 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 1.4%
The company's fifty day moving average price is C$0.53 and its 200-day moving average price is C$0.75. The stock has a market capitalization of C$261.30 million, a PE ratio of -26.00 and a beta of 0.87.
Insiders Place Their Bets
In other news, Senior Officer David Lewis Cherry sold 100,000 shares of Sintana Energy stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of C$0.69, for a total value of C$69,000.00. Also, Director Douglas Glenn Manner sold 300,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of C$0.64, for a total value of C$192,750.00. Over the last ninety days, insiders have sold 589,666 shares of company stock worth $351,789. Company insiders own 15.35% of the company's stock.
Sintana Energy Company Profile
(
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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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