Sintana Energy (CVE:SEI) Stock Price Up 13.9% - Here's What Happened

Shares of Sintana Energy Inc. (CVE:SEI - Get Free Report) traded up 13.9% during mid-day trading on Tuesday . The company traded as high as C$0.96 and last traded at C$0.82. 1,548,571 shares changed hands during trading, an increase of 154% from the average session volume of 610,793 shares. The stock had previously closed at C$0.72.

Sintana Energy Price Performance

The business's 50-day moving average is C$0.89 and its two-hundred day moving average is C$1.01. The firm has a market cap of C$317.29 million, a P/E ratio of -31.58 and a beta of 0.87.

Insider Transactions at Sintana Energy

In other news, Director Robert Bose sold 28,400 shares of the firm's stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of C$1.08, for a total value of C$30,609.52. Also, Senior Officer David Lewis Cherry sold 100,000 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of C$0.85, for a total transaction of C$85,000.00. 15.35% of the stock is currently owned by corporate insiders.

Sintana Energy Company Profile

Sintana Energy Inc engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia's Magdalena Basin. The company is based in Toronto, Canada.

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