ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.24, with a volume of 16415 shares. The stock had previously closed at C$0.24.
ShaMaran Petroleum Stock Down 2.1 %
The stock has a market capitalization of C$460.25 million, a price-to-earnings ratio of 6.26 and a beta of 1.14. The firm's fifty day simple moving average is C$0.18 and its 200 day simple moving average is C$0.12. The company has a debt-to-equity ratio of 100.09, a quick ratio of 1.07 and a current ratio of 4.89.
Insiders Place Their Bets
In related news, Director Garrett Soden sold 11,113,667 shares of ShaMaran Petroleum stock in a transaction dated 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. Insiders own 25.89% of the company's stock.
About ShaMaran Petroleum
(
Get Free Report)
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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