ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.24, with a volume of 16415 shares changing hands. The stock had previously closed at C$0.24.
ShaMaran Petroleum Trading Down 2.1 %
The company has a market cap of C$460.25 million, a PE ratio of 6.26 and a beta of 1.14. The company has a debt-to-equity ratio of 100.09, a quick ratio of 1.07 and a current ratio of 4.89. The company has a 50 day simple moving average of C$0.18 and a two-hundred day simple moving average of C$0.12.
Insider Activity at ShaMaran Petroleum
In related news, Director Garrett Soden sold 11,113,667 shares of ShaMaran Petroleum stock in a transaction on Monday, February 3rd. The stock was sold at an average price of C$0.15, for a total transaction of C$1,667,050.05. 25.89% of the stock is currently owned by insiders.
About ShaMaran Petroleum
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.
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