ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.24 and last traded at C$0.24, with a volume of 16415 shares. The stock had previously closed at C$0.24.
ShaMaran Petroleum Trading Up 2.1 %
The stock has a market capitalization of C$480.26 million, a price-to-earnings ratio of 6.54 and a beta of 1.14. 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 company has a fifty day moving average of C$0.17 and a two-hundred day moving average of C$0.12.
Insider Transactions at ShaMaran Petroleum
In related news, Director Garrett Soden sold 11,113,667 shares of ShaMaran Petroleum stock in a transaction dated 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 currently owned by corporate insiders.
About ShaMaran Petroleum
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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