Sintana Energy (CVE:SEI) Shares Down 6.8% – Here’s What Happened

Shares of Sintana Energy Inc. (CVE:SEIGet Free Report) dropped 6.8% on Tuesday . The stock traded as low as C$1.09 and last traded at C$1.10. Approximately 197,974 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 757,427 shares. The stock had previously closed at C$1.18.

Sintana Energy Stock Performance

The business’s 50-day moving average price is C$1.05 and its 200-day moving average price is C$1.12. The firm has a market capitalization of C$441.32 million, a PE ratio of -59.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.99, a current ratio of 10.18 and a quick ratio of 0.76.

Insider Buying and Selling at Sintana Energy

In related news, Director Robert Bose purchased 444,444 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average cost of C$0.45 per share, with a total value of C$199,999.80. 15.35% of the stock is currently owned by company insiders.

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.

Further Reading

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