Insider Selling: ShaMaran Petroleum Corp. (CVE:SNM) Senior Officer Sells 356,160 Shares of Stock

ShaMaran Petroleum Corp. (CVE:SNM) Senior Officer Alex C. Lengyel sold 356,160 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of C$0.61, for a total transaction of C$217,257.60.

ShaMaran Petroleum Stock Performance

CVE:SNM opened at C$0.08 on Wednesday. ShaMaran Petroleum Corp. has a twelve month low of C$0.04 and a twelve month high of C$0.09. The company has a market cap of C$211.50 million, a P/E ratio of -7.50 and a beta of 1.13. The company has a current ratio of 1.57, a quick ratio of 1.07 and a debt-to-equity ratio of 183.22. The company’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.05.

ShaMaran Petroleum Company Profile

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.