ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.21 and traded as low as C$0.20. ShaMaran Petroleum shares last traded at C$0.20, with a volume of 33,353 shares changing hands.
ShaMaran Petroleum Trading Down 4.9 %
The business's fifty day moving average is C$0.21 and its 200-day moving average is C$0.15. The stock has a market capitalization of C$390.21 million, a PE ratio of 5.31 and a beta of 1.14. The company has a quick ratio of 1.07, a current ratio of 4.89 and a debt-to-equity ratio of 100.09.
Insider Activity at ShaMaran Petroleum
In related news, Director Garrett Soden sold 11,113,667 shares of the business's stock in a transaction that occurred on 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. 25.89% of the stock is owned by insiders.
ShaMaran Petroleum Company Profile
(
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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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