ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.08, with a volume of 92899 shares traded. The stock had previously closed at C$0.08.
ShaMaran Petroleum Stock Performance
The company has a debt-to-equity ratio of 183.22, a quick ratio of 1.07 and a current ratio of 1.57. The business has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.05. The stock has a market capitalization of C$226.40 million, a P/E ratio of -8.00 and a beta of 1.20.
Insider Transactions at ShaMaran Petroleum
In other news, Senior Officer Alex C. Lengyel sold 356,160 shares of the business’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of C$0.61, for a total value of C$217,257.60. Insiders own 25.89% of the company’s stock.
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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