ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.13 and last traded at C$0.13, with a volume of 15000 shares. The stock had previously closed at C$0.13.
ShaMaran Petroleum Stock Up 4.0 %
The firm has a market cap of C$369.20 million, a P/E ratio of -3.75 and a beta of 1.14. The company has a debt-to-equity ratio of 148.75, a quick ratio of 1.07 and a current ratio of 4.05. The firm's fifty day moving average is C$0.11 and its 200 day moving average is C$0.09.
Insider Activity
In other ShaMaran Petroleum news, Director William A.W. Lundin purchased 501,500 shares of the company's stock in a transaction dated Monday, December 23rd. The stock was purchased at an average price of C$0.12 per share, with a total value of C$60,180.00. 25.89% of the stock is owned by company insiders.
About ShaMaran Petroleum
(
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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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