ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.08 and traded as high as C$0.13. ShaMaran Petroleum shares last traded at C$0.13, with a volume of 100,022 shares.
ShaMaran Petroleum Trading Down 4.0 %
The company has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.09. 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 company has a market cap of C$340.80 million, a PE ratio of -3.75 and a beta of 1.14.
Insider Activity at ShaMaran Petroleum
In other ShaMaran Petroleum news, Director William A.W. Lundin bought 501,500 shares of the firm's stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of C$0.12 per share, with a total value of C$60,180.00. Insiders own 25.89% of the company's stock.
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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