ShaMaran Petroleum (CVE:SNM) Share Price Passes Below 50-Day Moving Average of $0.09

ShaMaran Petroleum Corp. (CVE:SNMGet Rating)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.09 and traded as low as C$0.08. ShaMaran Petroleum shares last traded at C$0.08, with a volume of 3,206 shares changing hands.

ShaMaran Petroleum Price Performance

The company has a debt-to-equity ratio of 168.18, a quick ratio of 1.07 and a current ratio of 4.07. The business’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.09. The stock has a market capitalization of C$225.60 million, a price-to-earnings ratio of 1.33 and a beta of 1.10.

About ShaMaran Petroleum

(Get Rating)

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas. The company holds a 27.6% interest in the Atrush Block production sharing contract, which covers an area of 269 square kilometers located in the Kurdistan region of Iraq. It also provides technical and administration services.

See Also

Receive News & Ratings for ShaMaran Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ShaMaran Petroleum and related companies with's FREE daily email newsletter.