Shares of ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.22, with a volume of 313000 shares trading hands. The stock had previously closed at C$0.21.
ShaMaran Petroleum Trading Down 2.1 %
The company has a current ratio of 4.89, a quick ratio of 1.07 and a debt-to-equity ratio of 100.09. The firm has a market cap of C$460.25 million, a PE ratio of 6.26 and a beta of 1.14. The company's 50-day moving average is C$0.17 and its 200 day moving average is C$0.12.
Insider Activity at ShaMaran Petroleum
In related news, Director Garrett Soden sold 11,113,667 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of C$0.15, for a total value of C$1,667,050.05. Also, Director William A.W. Lundin purchased 501,500 shares of ShaMaran Petroleum stock in a transaction that occurred on 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 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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