Garrett Soden Sells 11,113,667 Shares of ShaMaran Petroleum Corp. (CVE:SNM) Stock

ShaMaran Petroleum Corp. (CVE:SNM) Director Garrett Soden sold 11,113,667 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of C$0.15, for a total value of C$1,667,050.05.

ShaMaran Petroleum Stock Performance

Shares of CVE SNM opened at C$0.16 on Friday. The company has a current ratio of 4.05, a quick ratio of 1.07 and a debt-to-equity ratio of 148.75. The business has a fifty day simple moving average of C$0.12 and a 200 day simple moving average of C$0.09. ShaMaran Petroleum Corp. has a one year low of C$0.04 and a one year high of C$0.16. The firm has a market capitalization of C$454.40 million, a price-to-earnings ratio of -3.75 and a beta of 1.14.

ShaMaran Petroleum (CVE:SNM) last issued its earnings results on Thursday, November 7th. The company reported C$0.04 earnings per share (EPS) for the quarter. ShaMaran Petroleum had a negative return on equity of 7.04% and a negative net margin of 12.93%. Sell-side analysts expect that ShaMaran Petroleum Corp. will post 0.0271318 EPS for the current year.

ShaMaran Petroleum Company Profile

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.