Sintana Energy Inc. (CVE:SEI – Get Free Report) shares dropped 18.9% on Wednesday . The company traded as low as C$0.38 and last traded at C$0.43. Approximately 4,424,600 shares traded hands during trading, an increase of 1,071% from the average daily volume of 377,971 shares. The stock had previously closed at C$0.53.
Sintana Energy Stock Performance
The business’s 50 day moving average price is C$0.54 and its 200-day moving average price is C$0.60. The firm has a market capitalization of C$163.48 million, a PE ratio of -10.75 and a beta of -1.02.
About Sintana Energy
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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