ShaMaran Petroleum Corp. (CVE:SNM – Get Free Report) shares traded up 5.3% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.10. 461,458 shares were traded during trading, an increase of 87% from the average session volume of 246,822 shares. The stock had previously closed at C$0.10.
ShaMaran Petroleum Stock Performance
The stock has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.08. The company has a market capitalization of C$298.20 million, a price-to-earnings ratio of -3.75 and a beta of 1.14. The company has a quick ratio of 1.07, a current ratio of 4.05 and a debt-to-equity ratio of 148.75.
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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