Sintana Energy (CVE:SEI) Trading Down 13.2% – Should You Sell?

Sintana Energy Inc. (CVE:SEIGet Free Report)’s share price dropped 13.2% during mid-day trading on Tuesday . The stock traded as low as C$0.38 and last traded at C$0.46. Approximately 2,737,246 shares changed hands during trading, an increase of 640% from the average daily volume of 369,811 shares. The stock had previously closed at C$0.53.

Sintana Energy Stock Performance

The firm has a fifty day simple moving average of C$0.54 and a 200-day simple moving average of C$0.60. The firm has a market cap of C$167.28 million, a price-to-earnings ratio of -11.00 and a beta of -1.02.

About Sintana Energy

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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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