Sintana Energy (CVE:SEI) Shares Down 5% – Here’s Why

Sintana Energy Inc. (CVE:SEIGet Free Report)’s share price dropped 5% during mid-day trading on Tuesday . The stock traded as low as C$0.96 and last traded at C$0.96. Approximately 321,576 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 807,511 shares. The stock had previously closed at C$1.01.

Sintana Energy Price Performance

The stock’s 50-day moving average is C$1.09 and its 200 day moving average is C$1.15. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.76 and a current ratio of 10.18. The stock has a market capitalization of C$359.04 million, a PE ratio of -48.00 and a beta of 0.87.

Sintana Energy (CVE:SEIGet Free Report) last issued its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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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