ShaMaran Petroleum Corp. (CVE:SNM - Get Free Report) was down 8% during trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 294,070 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 191,500 shares. The stock had previously closed at C$0.13.
ShaMaran Petroleum Trading Down 8.0 %
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 stock's 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.09. The firm has a market capitalization of C$326.60 million, a PE ratio of -3.75 and a beta of 1.14.
ShaMaran Petroleum (CVE:SNM - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.04 earnings per share (EPS) for the quarter. ShaMaran Petroleum had a negative net margin of 12.93% and a negative return on equity of 7.04%. As a group, sell-side analysts expect 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 acquired 501,500 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The shares were 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.
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.
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