Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$0.14 and last traded at C$0.14, with a volume of 717476 shares traded. The stock had previously closed at C$0.12.
ShaMaran Petroleum Stock Performance
The company has a quick ratio of 1.07, a current ratio of 4.05 and a debt-to-equity ratio of 148.75. The firm has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.09. The firm has a market cap of C$440.20 million, a PE ratio of -3.75 and a beta of 1.14.
ShaMaran Petroleum (CVE:SNM - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.04 EPS for the quarter. ShaMaran Petroleum had a negative return on equity of 7.04% and a negative net margin of 12.93%. Research analysts forecast that ShaMaran Petroleum Corp. will post 0.0271318 EPS for the current fiscal year.
Insider Buying and Selling at ShaMaran Petroleum
In other news, Director William A.W. Lundin bought 501,500 shares of ShaMaran Petroleum stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of C$0.12 per share, with a total value of C$60,180.00. 25.89% of the stock is currently owned by corporate insiders.
ShaMaran Petroleum Company Profile
(
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.
Featured Stories
Before you consider ShaMaran Petroleum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ShaMaran Petroleum wasn't on the list.
While ShaMaran Petroleum currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
